From The Times of India
Center Owned by Bennett, Coleman & Co.Rupee gains 16 paise
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
