Rupee Closes Stronger Against US Dollar After Weak Start
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11 Articles
Rupee Closes Stronger Against US Dollar After Weak Start
The Indian rupee closed 15 paise stronger at 85.27 against the US dollar on Thursday, compared to its previous close of 85.42 a dollar on Wednesday, according to Bloomberg.The rupee opened lower against the US dollar on Thursday marking second consecutive day of weak start. On Wednesday, the currency had opened lower to start the day 18 paise weaker at 85.60 against the US dollar, following its previous close at 85.42 a dollar. As a result, at m…
USD/INR holds positive ground amid tensions over Kashmir
The Indian Rupee (INR) faces some selling pressure on Thursday as terrorist attacks in Kashmir, India, weighed on sentiment. Furthermore, rising crude oil prices undermine the Indian currency, as India is the world's third-largest oil consumer.
The Indian government has confirmed that 26 tourists were killed yesterday in the country's Kashmir region. The Indian Express newspaper reported today, citing official sources, that "two or three people started shooting"; security forces reported that they fired automatic rifles for about twenty minutes. A few hours after the shooting, the armed group Resistance Front claimed responsibility for the attack, through a statement published on socia…
After the deadly attack in the Indian-controlled part of Kashmir, there have been hundreds of arrests according to media reports. As reported by NDTV and other Indian media on the basis of informants, about 1,500 people have been arrested in the Himalayas region in the context of the attack so far in order to question them about possible connections to the perpetrators.
After the deadly attack in Indian Kashmir, hundreds of people have been arrested, according to various media. In addition, India has also taken various measures against Pakistan.
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