The Indian rupee exhibited resilience, gaining 6 paise to reach 82.55 against the US dollar in early morning trade. The currency’s upward trajectory was fueled by several factors, including positive domestic cues and renewed optimism in the global market. Supported by a robust economy, India has witnessed a steady inflow of foreign investments, bolstering the strength of the rupee. According…
The Indian Rupee gained a modest one paisa against the US Dollar in early trade on Friday, trading at 82.16. This uptick can be attributed to a combination of factors, including the weakening of the greenback against major currencies and a positive sentiment in the domestic equities market. The downward movement of crude oil prices further supported the local unit.…
On Tuesday, the Indian rupee gained 13 paise to reach 82.57 against the US dollar in early trade. This increase was attributed to the weakening of the American currency from its previously elevated levels, as well as a positive trend in domestic equities and fresh foreign fund inflows that supported investor sentiments. According to forex traders, the domestic unit opened…