Rupee jumps 1% as RBI curbs dollar demand.
Context
What happened: The rupee jumped 1% as the RBI curbed dollar demand. It opened at 95.76 per dollar against a previous close of 96.73.
Key numbers: Opened at 95.76 per dollar, previous close 96.73, appreciated to 95.5850 during the day, 1% gain.
Why it matters: The RBI's move to curb dollar demand coincided with the rupee's appreciation during the session.
Coverage: 3 outlets in 24h