The rupee strengthened for the fourth consecutive session, gaining 16 paise against the US dollar to close at 95.66. Positive domestic equity markets, foreign fund inflows and a weaker dollar supported the currency, while crude prices and global developments remained key factors
The rupee appreciated 5 paise to 96.11 against the US dollar in early trade on Wednesday, supported by a weaker dollar and positive domestic equities. However, higher crude oil prices, foreign fund outflows and tensions in West Asia limited the currency's gains
The rupee appreciated 12 paise to close at 95.58 against the US dollar on Wednesday amid cautious investor sentiment over US-Iran tensions. Traders are now focusing on the upcoming RBI Monetary Policy Committee meeting scheduled from June 3 to 5
Rankings will eventually take care of themselves if incomes rise, opportunities expand, and inequality narrows; otherwise, even a higher place on the global table will mean nothing
The Indian rupee crossed the 95 per dollar mark for the first time, ending at a record low amid rising oil prices and global tensions. Weak equity markets and foreign fund outflows further weighed on the currency during the March quarter
The rupee slipped 5 paise to 89.73 against the US dollar in early trade amid FII outflows and weak equities. Losses were capped by a softer dollar and lower crude prices, while markets await key US economic data
