The Indian rupee logged its first quarter-on-quarter gain since March 2025, even though it slipped on Tuesday, thanks to a sharp retreat in oil prices and a salvo of policy measures to draw dollar inflows.
The currency ended the day at 94.66 per dollar, down slightly from its close at 94.54 in the previous session as the dollar firmed. The rupee is up 0.3% on the month and about 0.2% over the course of the quarter ending June 30.
