Rupee rises 31 paise to 85.05 against US dollar in early trade

Rupee rises 31 paise to 85.05 against US dollar in early trade

Mumbai: The rupee appreciated 31 paise to 85.05 against the US dollar in early trade on Wednesday, supported by gains in domestic equities and positive macroeconomic data. Forex traders said a surge in global crude oil prices may weigh on the rupee. Over the last few sessions, Brent crude prices have surged to near USD 66 per barrel, which could widen India’s trade deficit. Moreover, foreign fund outflows also contained the appreciation of the d…

Rupee weakens further against US dollar

Currency settles at 281.72 against the greenback

Forex Market: Indian rupee gain sharply against US dollar | DH Latest News, DH NEWS, Latest News, NEWS, Business , Forex, indian rupees, Indian Rupee, Forex Foreign Exchang, Forex Market, US Dollar Index, US dollars, US dollar

Mumbai: The Indian rupee opened sharply higher against US dollar on Tuesday (May 13). As per forex traders, the Indian currency was supported by optimism from easing of tensions between India and Pakistan, foreign investor interest in Indian assets as well as the US-China trade deal. At the interbank foreign exchange, the domestic currency opened at 84.70 and fell to an early low of 84.74 and a high of 84.62 against the US dollar, registering a …