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Rupee jumps 177 paise in 2 days against dollar after RBI's strong defence before Rs 97 goal post. What lies ahead?

Rupee jumps 177 paise in 2 days against dollar after RBI's strong defence before Rs 97 goal post. What lies ahead?

The Indian rupee has strengthened by 177 paise against the US dollar in two days, reaching 94.06. This comes after aggressive Reserve Bank of India (RBI) market interventions, including a special dollar window for oil firms and tighter forex derivative rules to defend the Rs 97 level.

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