Day: May 22, 2024

Indian rupee marks weekly gains on FII inflows; traders might see profit-booking at 83 levelIndian rupee marks weekly gains on FII inflows; traders might see profit-booking at 83 level

ByDilip Parmar Indian rupee marked the first weekly gain in three following rallies in the domestic equities backed by foreign fund inflows. The fall in crude oil prices and the expectation of a normal monsoon rain may drag inflation lower in the coming months. The month-end dollar inflows, the central bank’s intervention and lower crude […]