Weekly rupee outlook: Mild recovery on the cards
| Photo Credit: iStockphoto The rupee closed at 85.59 against the dollar on Tuesday, 0.3 per cent lower than last Tuesday’s close of 85.34. This is despite some moderation in the greenback. Reports suggest that the Reserve Bank of India (RBI) has been buying dollar inflows, weighing on the rupee’s recovery. The recent data shows…
