Maintains winning streak for 8th straight day on better dollar inflows
Improved reserves help rupee to remain at five-month peak
Currency gains value in backdrop of IMF staff-level agreement
The currency got support from the ongoing smooth talks with the IMF for the release of last tranche of $1.1 billion
In the open market, however, the rupee maintained its uptrend for the fourth consecutive working day
Currency finds support from IMF’s positive response to loan talks
Currency comes under pressure despite higher dollar supply
Drop in foreign currency reserves pulls down currency
China’s rollover of $2b loan signals market confidence
Currency touches new four-month high at Rs279.12 vs dollar