Rupee jumps 40 paise to close at 95.38 against U.S. dollar
4 Articles
4 Articles
Rupee jumps 40 paise to close at 95.38 against US dollar
The rupee strengthened for the third straight session on Tuesday and appreciated 40 paise to close at 95.38 (provisional) against the US dollar, supported by various RBI measures aimed at reducing spot dollar demand and curbing excessive positioning in the foreign exchange market.
The rupee has registered a hat-trick of gains against the dollar for the third consecutive day. In these three days, the rupee has already gained 150 paise. Experts believe the rupee could rise even further.
Mumbai: The Indian rupee gained against the US dollar for the second consecutive day. The Indian rupee opened at 95.26 against the dollar on Tuesday, up 52 paise. The previous day, the...
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