Whalesbook
The Indian Rupee gained 17 paise, closing at 89.2375 against the US Dollar on November 24, thanks to strong support from the Reserve Bank of India (RBI). This marks a recovery after hitting a record low of 89.49 just days prior, driven by foreign investor outflows and trade uncertainties. Experts suggest the RBI's consistent intervention is stabilizing the market, but future movements depend on new economic triggers.