💨 Abstract

The Indian rupee ended nearly unchanged on Tuesday, as the Reserve Bank of India's market interventions and informal instructions to banks helped offset negative cues such as rising U.S. bond yields, elevated oil prices, and local equity outflows. The rupee is close to its all-time low but has avoided weakening significantly. The dollar index has risen about 1.5%

Courtesy: theprint.in

Summarized by Einstein Beta 🤖