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Rupee strengthens as crude oil prices fall
The Indian rupee strengthened against the dollar on Tuesday, closing at 95.84 per dollar. This gain followed a sharp rise on Monday, supported by falling Brent crude prices. Dollar sales by the Reserve Bank of India also bolstered the currency's positive momentum. However, a firm dollar index ahead of the US Fed meeting limited further upside. The rupee is expected to trade between 95 and 96 on Wednesday.
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economictimes.indiatimes.com
Rupee rises 28 paise to 96.25 against US dollar in early trade
The Indian rupee strengthened significantly against the US dollar on Monday. This gain was driven by a sharp decline in global crude oil prices. Positive global sentiment emerged…
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Rupee rises 35 paise to 95.64 against US dollar in early trade
The Indian rupee strengthened significantly against the US dollar in early trade. Lower crude oil prices and easing geopolitical tensions boosted the rupee's momentum. A weaker US…
