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The Indian rupee rose 25 paise to 95.14 against the US dollar, aided by lower crude oil prices and the Reserve Bank of India's interventions. The currency gained 1.2% last week, shifting market sentiment from concerns of weakening to a near-term stabilisation.
Rupee opens 25 paise higher at 95.14 against US dollar amid easing crude oil prices
Impact Score
Market Sentiment
→NeutralPrimary Sectors
The Indian rupee rose 25 paise to 95.14 against the US dollar, aided by lower crude oil prices and the Reserve Bank of India's interventions. The currency gained 1.2% last week, shifting market sentiment from concerns of weakening to a near-term stabilisation.
Key Highlights
The Indian rupee rose 25 paise to 95.14 against the US dollar, aided by lower crude oil prices and the Reserve Bank of India's interventions.
The currency gained 1.2% last week, shifting market sentiment from concerns of weakening to a near-term stabilisation..
Source
Livemint
Published
3h ago
Impact Score
85 / 100
Category
Energy
Moderate near-term volatility expected while markets assess implications for Energy.
What this means
No linked events found.