Rupee Takes A Dive But RBI Comes To The Rescue

The Indian rupee took a nosedive to its weakest point in two weeks on Thursday, thanks to a rush for dollars and some overseas debt payments. But fear not! The Reserve Bank of India swooped in to save the day, keeping the rupee's losses in check. Traders are still eyeing the dollar's sticky popularity, while everyone waits to see what the European Central Bank will do next.