The rupee strengthened by twenty-one paise, closing at ninety-six point twenty-four on Tuesday. Lower oil prices reduced demand for the US dollar, supporting the local currency. Dedicated programs aimed at drawing forex inflows have garnered nearly twenty-one billion dollars. State-run banks sold dollars, providing support around ninety-six point forty-two levels. The currency traded within a narrow range throughout the trading session.

Mumbai, Jul 20 (PTI) The rupee fell 6 paise to 96.36 against the US dollar on Monday, on risk aversion in global markets and a surge in crude oil prices. Forex traders said…

Rupee rises 12 paise to 96.24 against the U.S. dollar as forex inflows reach $20.72 billion amid market uncertainties.