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The Economic Times
The Economic Times
Business

Rupee touches six-week high on oil slump, RBI effect lingers

The Indian rupee climbed to a six-week high on Wednesday, supported by Brent crude slipping below $80 a barrel for the first time in more than three months, while recent steps by the central bank to buoy the currency continued to provide support.

The rupee was quoting at 94.4350 per U.S. dollar at 11:50 a.m. IST, after ‌climbing about ⁠1.2% over ⁠the past six sessions.

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