Rupee hits 93.69, seven-month high on FPI inflows, lower oil prices
Posted
Via IB Times
Foreign institutional investors have poured nearly $6 billion into Indian equities in November, their biggest monthly investment since September 2024. Despite the recent gains, the rupee remains down around 4% year-to-date, while analysts warn it could weaken to 100 against the dollar by June 2027.
