Indian Rupee Strengthens in Offshore Market After RBI Measures

The Indian rupee advanced in offshore trading following the RBI's implementation of its strongest measures to bolster the currency since the 2013 taper tantrum. Concurrently, Indian shares are set to open higher as oil prices ease and the RBI continues its moves to support the rupee. These central bank interventions aim to stabilize the currency, while easing oil costs provide additional support for the equity markets to start the trading session on a positive note.