EconomyLumpy Jio IPO inflows push rupee into 'overbought' zone as oil rises again
The Indian rupee edged higher on Thursday into technically 'overbought' territory, buoyed by large foreign inflows for Jio Platforms' IPO and recent regulatory measures that supported the currency. Oil prices were rising again.
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Reuters★★☆☆☆2026-10-22 06:50Original
Lumpy Jio IPO inflows push rupee into 'overbought' zone as oil rises again
Economy