Rupee Opens Flat at 95.72 Per Dollar Amid Central Bank Intervention Expectations
The Indian rupee opened flat at 95.72 per dollar on August 25, as traders expected the central bank to intervene in support of the currency.
A modest pickup in portfolio inflows is also anticipated to provide support to the rupee.
Asian currencies were mixed against the US dollar, with the Indonesian rupiah declining 0.15%, while the South Korean won gained 0.15%.