Rupee Rises 10 Paise to 87.59 Against U.S. Dollar in Early Trade

Rupee rises 10 paise to 87.59 against U.S. dollar in early trade

Rupee strengthens against the dollar due to weaker greenback, RBI intervention, but faces challenges from FII outflows and tariffs.

Indian Rupee trades calmly, outlook remains grim amid US tariffs and FIIs outflows

The Indian Rupee (INR) trades almost flat at around 87.80 against the US Dollar (USD) in opening trading hours on Thursday after a holiday on Wednesday on account of Ganesh Chaturthi. The USD/INR pair is supported by a sluggish performance from the US Dollar.

Rupee Gains As RBI Steps In; Dollar Weakens Amid Tariff Worries

The Reserve Bank of India (RBI) stepped in to protect the local unit from crossing its all-time low, further supporting the local unit, according to …