Rupee finds footing: Closes 7 paise higher at 85.80 against dollar; RBI policy outcome, US data to guide next move – Times of India
Supported by easing oil prices and firm domestic equities, the rupee reversed a two-day losing run to settle marginally higher even as traders stayed cautious ahead of the RBI’s rate decision.The rupee closed 7 paise stronger at 85.80 against the US dollar on Thursday, snapping a two-session slide as positive cues from Asian currencies and…