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Rupee rises 24 paise to 95.72 against U.S. dollar in early trade
Weak crude prices and a firm stock market helped the rupee recover, while dollar strength and importer demand limited gains, traders said.
Summary by The Hindu
5 Articles
5 Articles
The Indian rupee, which had been under constant pressure against the dollar, breathed a sigh of relief on Monday. The rupee strengthened by 15 paise to close at 95.81 and rose to 95.72 during the day. Softening crude oil prices, hopes of talks between the US and Iran, and a rally in the domestic stock market supported the rupee.
The Hindu Business Line+2 Reposted by 2 other sources
Rupee rises 24 paise to 95.72 against US dollar in early trade
At the interbank foreign exchange market, the rupee opened at 95.86 against the US dollar, then gained some ground to touch 95.72 against USD, registering a gain of 24 paise from its previous close
·Chennai, India
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