Rupee Flexes Muscles While Bankers Scramble Over RBI Rules

The rupee is flexing its muscles as the top Asian currency, climbing 0.5% to a one-month high! This rise is thanks to the RBI's new rules to calm the currency storm. However, bankers are a bit confused, leading to some hedging hiccups. Meanwhile, exporters are keeping it cool, only handling the essentials for now.