“Corporate flows helped the rupee to gain against the dollar,” said Anil Bhansali, head of treasury at Finrex Treasury Advisors. “With overseas investors turning net buyers of local securities the sentiment is also weighing on the rupee. We could see fresh buying interest from oil companies at 79.05 level.”
Volatile yen draws intervention watch, other currencies subdued
In response to last week’s notable drop, currency markets have been closely monitoring the yen. Reports suggest that Japanese officials are conducting rate checks, hinting