Economic TimesLean R·
Rupee rises for the third day to a near 3-week high
The rupee strengthened for a third consecutive day, reaching a near three-week high. Dollar sales by foreign and state-run banks aided the local currency's climb. Sustained buying in domestic equities and positive foreign investor sentiment supported the rupee. Crude oil prices saw a modest rebound, limiting further rupee gains. The currency is expected to trade within a specific range on Thursday.
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