Rupee slips to 87.12 despite fall in dollar index

Rupee forward premiums have dropped after the Reserve Bank of India (RBI) announced a raft of measures, including a dollar rupee buy-sell swap, to boost domestic liquidity, likely stoking dollar demand Thursday. Rupee forward premiums have dropped after the Reserve Bank of India (RBI) announced a raft of measures, including a dollar rupee buy-sell swap, to boost domestic liquidity, likely stoking dollar demand Thursday.  Economic Times

Leave a Reply

Your email address will not be published. Required fields are marked *