Context
What happened: The rupee appreciated by 82 paise against the US dollar in early trade, reaching 94.96, after Reserve Bank of India moves aimed at curbing dollar demand.
Key numbers: Rupee up 82 paise to 94.96. Brent crude fell to USD 105.47 per barrel. Retail inflation in India rose to 5.
Why it matters: The RBI established a dedicated dollar window for oil firms and raised hedging costs. The content states these actions supported the rupee's move.
Coverage: 3 outlets in 24h