Synopsis On Wednesday, the Indian rupee closed at a six-week high of 94.46, gaining 46 paise from its previous close. This increase was driven by strong foreign portfolio inflows linked to the Jio Platforms’ IPO. Additionally, the currency’s rise was supported by a softer dollar index, which decreased from the previous day. While oil prices rose to over $110 per barrel, the RBI’s intervention helped the rupee maintain its strength. Mumbai: The Indian rupee ended at a six-week high of 94.46 Wednesday, 46 paise stronger than its previous close. Foreign portfolio inflows related to Jio Platforms’ IPO helped the currency…
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