Business

⚡Rupee Gains 25 Paise As RBI Curbs Oil Firms’ Dollar Demand

By IANS

The Indian currency strengthened by 25 paise to 92.95 against the US dollar in early trade on Friday, supported by easing pressure on the currency after the Reserve Bank of India (RBI) reportedly asked state-run oil refiners to use a special credit line instead of buying dollars. The domestic currency opened stronger after closing at 93.20 in the previous session.

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