Rupee strengthened by 81 paise against dollar: closed at ₹94.93 after RBI policy; Repo rate remains at 5.25%
The Indian currency witnessed a rise on Friday after the results of the Monetary Policy Committee meeting of the Reserve Bank of India (RBI). The rupee closed at 94.93 with a gain of 81 paise against the US dollar. Market sentiment has improved due to the steps taken by the central bank to increase the…