From DT Next
Center Owned by Daily Thanthi GroupRupee settles flat at 94.46 against US dollar
What's behind this
The Indian rupee closed at 94.46 per U.S. dollar, a flat finish that traders interpreted as a sign of near‑term stabilisation after a sharp recovery in earlier sessions. In the interbank market the currency opened weaker at 94.36 and later slipped to a low of 94.57 before ending flat.
AI-generated overview from 2 outlets. It summarises their reporting and adds no reporting of its own.
What each side is saying
One outlet's own words from each side of the spectrum. Quoted, not summarised.
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left · 1 outlet
Buying momentum in the domestic equities market also favoured the Indian currency even as investors awaited the outcome of the U.S. midterm elections, according to forex traders
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center · 1 outlet
MUMBAI: The rupee settled on a flat note at 94.46 (provisional) against the US dollar on Thursday, as the support from lower crude oil prices was negated by a firm greenback in overseas markets. Forex traders said the Indian rupee is showing signs of near-term stabilisation after recovering sharply…
— DT Next
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right · 1 outlet
At the interbank foreign exchange market, the rupee opened weak at 94.36 and fell further to a low of 94.57 in intraday trade
RSS excerpt
MUMBAI: The rupee settled on a flat note at 94.46 (provisional) against the US dollar on Thursday, as the support from lower crude oil prices was negated by a firm greenback in overseas markets. Forex traders said the Indian rupee is showing signs of near-term stabilisation after recovering sharply…
