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Rupee ends at 95.81/$ soothed by RBI intervention; surge in forward premiums tipped to cool

The currency recovered slightly on Friday as easing oil prices and a softer dollar offered some relief, while the one-year forward yield climbed to 3.50%.

Rupee ends at 95.81/$ soothed by RBI intervention; surge in forward premiums tipped to cool

We haven't written up this one. Hindu BusinessLine has the full story — the link below goes straight to it.

Read the original at thehindubusinessline.com →

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10 Friday AM Reads

My end-of-week morning reads: • Tokens Too Cheap to Meter. The price of using machine learning intelligence is decreasing by several orders of magnitude a year and shows no signs of slowing.

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