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Asia

Rupee opens on flat note, rises 3 paise to 95.34 against US dollar in early trade

Markets-Economic Times · 2h ago · 🇮🇳 India

Rupee opens on flat note, rises 3 paise to 95.34 against US dollar in early trade

The rupee opened flat and gained three paise against the US dollar in early trade. Dollar demand from importers was negated by a weaker dollar index and improved risk sentiment. Lower oil prices and a softer US dollar also supported the rupee's movement. Market participants are now awaiting the upcoming RBI MPC decision and key US economic data. Foreign portfolio inflows into Indian equities provided additional support for the rupee.

Read the full story at Markets-Economic Times →

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