Rupee at Two-Week High as Markets Enter RBI Policy Week
Rupee closed at 95.35 against the dollar Friday, its strongest in over two weeks, supported by RBI dollar selling and renewed FPI buying worth Rs 7,360 crore in three days. Focus now shifts to the RBI policy decision on August 5, with the repo rate widely expected to stay at 5.25%.
Nictick #2026-0023282 characters
Nictick — educational context
Currency, equity, and crypto markets often move on the same underlying driver: dollar strength and rate expectations. Traders study central bank weeks like this one to observe how a single policy event ripples across USD/INR, FPI flows into Indian equities, and risk sentiment in crypto.