The HinduLean L·
Rupee gains 2 paise to 95.43 against U.S. dollar in early trade
Brent crude, the global oil benchmark, was trading higher by 0.16% at $87.21 per barrel in futures trade.
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Markets · 3 sources covering this
Rupee gains 2 paise to 95.43 against US dollar in early trade
The rupee gained two paise against the US dollar in the early market hours, driven by a softening dollar internationally. Nonetheless, the outflow of foreign investments from Indian equities is weighing on the rupee's performance. Compounding this issue, rising crude oil prices linked to geopolitical conflicts further affected market sentiments, resulting in declines for the Sensex and Nifty in morning trading.
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