From The Hindu
Center-Left Owned by Kasturi & Sons Ltd.Rupee rises 14 paise to 94.61 against U.S. dollar in early trade
What's behind this
The rupee gained 16 paise and settled flat at a provisional 94.46 per US dollar on Thursday, according to reports. While lower crude oil prices provided support, a firm greenback in overseas markets offset that benefit. Forex traders noted that the rupee is showing signs of near‑term stabilisation after a sharp recovery.
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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
Rupee gains 16 paise
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right · 1 outlet
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 against…
RSS excerpt
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
