The rupee saw a slight gain on Monday, trading within a narrow band as banks unwound arbitrage positions. Demand from importers and oil companies, however, capped its rise. Forward premiums surged to multi-year highs due to hedging needs. Analysts anticipate the rupee to hover around 93/$ this week, with future movements contingent on oil prices.
from Economic Times https://ift.tt/csP4kzy
from Economic Times https://ift.tt/csP4kzy
Rupee sees marginal rise at 93.06 on dollar demand
Reviewed by শ্রী শ্রী সত্যনারায়ণ নমঃ
on
April 07, 2026
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