A rising yen dragged the dollar broadly lower in early trade on Monday, with markets on alert about the prospect of intervention in the yen and investors cutting dollar positions ahead of a Federal Reserve meeting and possible Fed chair announcement.
Rupee strengthens to 95.59 amid drop in oil prices & RBI dollar sales
On Tuesday, the Indian rupee appreciated to 95.59, benefiting from a decrease in oil prices. The central bank’s dollar sales helped mitigate pressure on the