The Indian rupee rose 25 paise to 95.14 against the US dollar, aided by lower crude oil prices and the Reserve Bank of India's interventions. The currency gained 1.2% last week, shifting market sentiment from concerns of weakening to a near-term stabilisation.
The Indian rupee rose 25 paise to 95.14 against the US dollar, aided by lower crude oil prices and the Reserve Bank of India's interventions. The currency gained 1.2% last week, shifting market sentiment from concerns of weakening to a near-term stabilisation.
<iframe src="https://hindustansphere.com/embed/cluster/fdc826c784ef4d037212e460b6117bce4287ab4c" width="100%" height="320" style="border:0;max-width:680px" loading="lazy" title="Rupee opens 25 paise higher at 95.14 against US dollar amid easing crude oil prices"></iframe>
The Indian rupee strengthened to 96.15 against the dollar due to a drop in crude oil prices. Despite temporary relief, experts warn of ongoing geopolitical risks and seasonal pressures that could challenge the currency's stability in the near future.
