Rupee rises 14 paise to 94.61 against Us dollar in early trade
In early trade, the rupee appreciated by 14 paise, reaching 94.61 against the US dollar. This upswing was fueled by declining crude oil prices and a weaker US dollar. Additionally, the inflow of foreign funds and a buoyant equities market bolstered the rupee's strength. During this period, the Sensex increased by 435.10 points, while the Nifty...
Key Takeaways
- In early trade, the rupee appreciated by 14 paise, reaching 94.61 against the US dollar.
- This upswing was fueled by declining crude oil prices and a weaker US dollar.
- Additionally, the inflow of foreign funds and a buoyant equities market bolstered the rupee's strength.
In early trade, the rupee appreciated by 14 paise, reaching 94.61 against the US dollar. This upswing was fueled by declining crude oil prices and a weaker US dollar. Additionally, the inflow of foreign funds and a buoyant equities market bolstered the rupee's strength. During this period, the Sensex increased by 435.10 points, while the Nifty rose by 115.
Original Publisher Attribution
This summary was curated from Economic Times.