Tag: state-run banks

Indian rupee faces resistance on dollar buying by state-run banks

The Indian rupee faced resistance on Tuesday following a rise driven by the U.S. dollar's struggles a day ahead of the Federal Reserve's highly...

Indian rupee slips but state-run banks’ dollar sales cap losses

The Indian rupee weakened slightly on Tuesday, tracking a decline in its Asian peers, but its losses were limited by mild dollar sales by...

Indian rupee ticks higher, aided by state-run banks’ dollar sales

The Indian rupee gained on Tuesday, June 18, boosted by dollar sales from state-run banks, likely on behalf of merchant clients, but traders expect...

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