Rupee Rises 20 Paise to 94.79 Against US Dollar in Early Trade

Rupee gains 20 paise against US dollar as RBI support kicks in, greenback weakens

On Friday, the Rupee showcased a solid performance, climbing 20 paise to hit 94.79 against the US dollar, building on gains from the previous day aided by a softer dollar and actions by the Reserve Bank of India. Nevertheless, escalating crude oil prices curtailed further advancements, even as domestic equities remained upbeat.

Rupee rises 20 paise to 94.79 against US dollar in early trade

At the interbank foreign exchange market, the rupee opened at 94.75, then touched 94.79, registering a gain of 20 paise over its previous close

Rupee Today: Indian Currency Gains 20 Paise to ₹94.79 Against US Dollar

Noida, Oct 16 (APAC Media): The rupee appreciated 20 paise to ₹94.79 against the US dollar in early trade on Friday, supported by a decline in the dollar index and easing US Treasury yields. However, elevated crude oil prices and weak domestic equities capped the currency’s gains. At the interbank foreign exchange market, the rupee […] The post Rupee Today: Indian Currency Gains 20 Paise to ₹94.79 Against US Dollar first appeared on APAC Media |…