RBI intervenes to support rupee as oil prices, dollar demand rise: Report
India Business News: The Reserve Bank of India likely intervened in the foreign exchange market on Tuesday to protect the rupee from pressure caused by elevated oil prices.
File photo: A man walks past the Reserve Bank of India (RBI) logo outside its headquarters in Mumbai (Picture credit: Reuters) The Reserve Bank of India likely intervened in the foreign exchange market on Tuesday to protect the rupee from pressure ca... [2470 chars]