The rise was largely on account of an increase in the RBI's foreign currency assets, which climbed $1.2 billion to $497.1 billion in the last week, latest central bank data showed. In the week ended March 3, the rupee strengthened sharply versus the US dollar, gaining 1 per cent, as corporate and overseas investment flows boosted the local currency.
This story is from the March 11, 2023 edition of Business Standard.
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This story is from the March 11, 2023 edition of Business Standard.
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