नवीनतम
Rupee appreciates 26 paise to 85.54 against USD
MUMBAI [Maha Media]:The rupee stayed firm and appreciated 26 paise to 85.54 against the US dollar in early trade on Wednesday on the back of a massive inflow of foreign capital, a weak American currency and lower crude oil prices.
Forex traders said the positive macroeconomic numbers that came on the heels of the 90-day reprieve from US reciprocal tariffs fuelled buying in domestic equities by foreign investors, adding strength to the local currency.
At the interbank foreign exchange, the domestic unit opened strong at 85.66 and gained further to trade at 85.54 against the greenback in initial deals, 26 paise higher from the previous closing level.
