Rupee settles stronger at 87.37 as dollar weakens

The Indian rupee closed slightly stronger at 87.37 per US dollar, benefiting from a weaker dollar index. Traders expect RBI intervention if the currency nears 88/$1. The Indian rupee closed slightly stronger at 87.37 per US dollar, benefiting from a weaker dollar index. Traders expect RBI intervention if the currency nears 88/$1.  Economic Times