In active trade at the interbank foreign exchange market, the local currency fluctuated in a range of 39. Crediting rupee’s early rally to a high of 39. The rupee has been strong supported by unprecedented portfolio inflows since September 19. There was some dollar selling from exporters but the state-owned banks absorbed the sales at the behest of the central bank, a forex dealer said. read more
[Tags]39, 19, absorbed, active, bank, banks, forex news[/Tags]
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