The Indian rupee fell below 83 per dollar on Monday for the first time since October 2022, which could prompt the RBI to intervene, three traders said.
Price action on D2, the interbank order-matching system, and INR/USD quotes suggest that the RBI is intervening, a trader said.
The Singapore dollar (SGD) is the official currency of Singapore and plays a crucial role in the foreign exchange (forex)...
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