Rupee gains on jobs data, bond prices down on rate hike agenda0

• Business
• January 11, 2022

The Indian rupee strengthened against the US dollar, while bond prices weakened on Monday, led by different considerations. The Indian currency closed at 74.038 a dollar, up from its previous close of 74.31 a dollar. Currency dealers say the Reserve Bank of India (RBI) let the rupee appreciate at first but later intervened to mop up the