Rupee hits one-week high as RBI moves to stem in fall

Apr 17, 2026 - 18:00
Rupee hits one-week high as RBI moves to stem in fall

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The Indian rupee surged to a one-week high Friday, boosted by Reserve Bank of India's strategic moves to curb dollar demand from state-run oil refiners. By urging them to use a special credit line, the central bank aims to stabilize the currency against global pressures.

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