Rupee rises 7 paise to 94.05 against US dollar during early trade
The rupee traded in a narrow range and gained marginally by 7 paise to 94.05 against the US dollar in early trade on Friday, as the support from…
Attributed summary
The rupee traded in a narrow range and gained marginally by 7 paise to 94.05 against the US dollar in early trade on Friday, as the support from foreign fund inflows was negated by broad-based strength in the dollar. Forex traders said the rupee is showing positive momentum, driven by consistent foreign investments, lower crude oil prices, and a favourable external environment. However, strengthening of the American currency in the…
Read the original report — Business Standard
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