Rupee Gains 5 Paise To Close At 90.69 Against US Dollar

The Indian rupee appreciated by 5 paise, closing at 90.69 against the US dollar in the interbank foreign exchange market. The currency opened the day at 90.72 and experienced slight fluctuations throughout the trading session, reaching a peak of 90.64 and dipping to a low of 90.78. This modest gain reflects ongoing market dynamics as traders monitor both domestic economic conditions and global financial trends. The rupee's performance is influenced by various factors, including inflation rates, monetary policy decisions, and international market sentiment. As India navigates its economic recovery post-pandemic, the currency's stability remains a focus for investors and policymakers alike.
Originally reported by NDTV Profit. Read original article
Related Articles
India is conducting import mapping exercise
India is conducting import mapping exercise
Textile, auto exporters see profit squeeze
Textile and automobile exporters in India are facing a significant challenge following the government's recent decision...
Automakers may trade credits to meet CAFE norms
Automakers may trade credits to meet CAFE norms
Amit Shah to review Seemanchal border shift row
Amit Shah to review Seemanchal border shift row