The rupee took a breather after a spectacular overnight rally and ended little changed at 63.69 — its highest level in two years — as RBI intervention in the foreign exchange market mopped up excess dollar liquidity.
Despite a strong start, the home currency relinquished its initial gains towards close of trade on Thursday to end almost flat.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.