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Rupee gains 2 paise to 95.43 against US dollar in early trade
The currency stayed pressured by foreign fund outflows and higher crude prices, while the dollar index fell 0.08% to 99.78, analysts said.
Summary by Times of India
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7 Articles
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Rupee gains 2 paise to 95.43 against US dollar in early trade
The rupee gained two paise against the US dollar in the early market hours, driven by a softening dollar internationally. Nonetheless, the outflow of foreign investments from Indian equities is weighing on the rupee's performance. Compounding this issue, rising crude oil prices linked to geopolitical conflicts further affected market sentiments, resulting in declines for the Sensex and Nifty in morning trading.
·Mumbai, India
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Coverage Details
Total News Sources7
Leaning Left1Leaning Right2Center2Last UpdatedBias Distribution40% Center, 40% Right
Bias Distribution
- 40% of the sources are Center, 40% of the sources lean Right
40% Right
L 20%
C 40%
R 40%
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