Rupee rises 24 paise to 93.74 against US dollar during early trade
The rupee appreciated 24 paise to 93.74 against the US dollar in early trade on Monday, supported by lower crude prices, improving foreign flows and hopes of de-escalation…
Attributed summary
The rupee appreciated 24 paise to 93.74 against the US dollar in early trade on Monday, supported by lower crude prices, improving foreign flows and hopes of de-escalation in the Middle East. Forex traders said the overall outlook for the rupee remains positive as any progress towards peace in the Middle East reduces the risk premium in crude oil and provides further support to the rupee. Over the weekend, encouraging…
Storywire publishes attributed summaries for discoverability. Full reporting remains with the original publisher — we do not republish restricted full text.
