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Market move▲ Bullish for Indian equities
Rupee recovers as large public sector banks sell US dollars
The brief
- Rupee gained 15 paise to close at 95.81 per US dollar on Friday
- Large public sector banks sold US dollars, supporting the recovery
- Rupee gains may ease import costs for Indian companies with significant dollar exposure
- Are banks open or closed today? Why 3-day bank strike was deferred by unions; what customers should know
- Unions plan a three-day nationwide bank strike from September 28
- Bank strike September 28-30: What services will be affected and what will continue
- 3-Day Bank Strike From Tomorrow: What Banking Services Will Stop And What Will Continue?
- How much are your banks dependent on insurance commissions?