Commodities & currencyBusinessLine
Rupee rises 7 paise to close at 93.70 against US dollar
Positive+13 sources
GreyOak summary
The Indian rupee gained 7 paise to close at 93.70 against the US dollar, supported by domestic market strength and foreign capital inflows. However, a strong dollar and rising US Treasury yields due to hotter-than-expected US inflation capped sharp gains. The dollar index rose 0.27% to 102.50, while Brent crude increased slightly to $92.41.
What it affects
- USD/INRPositive +1
Rupee rose 7 paise to 93.70 against USD.Rolling sentiment Positive +33
