Rupee continues healing: Currency rises 22 paise in early trade; reaches Rs 89.45 against US dollar
The Indian rupee is showing a strong recovery, gaining 22 paise to 89.45 against the US dollar today, following recent record lows. This rebound is attributed to likely Reserve Bank intervention, corporate inflows, and falling crude oil prices. Experts predict a significant strengthening in the latter half of the next financial year, suggesting the current weakness is temporary.🕒 1 min read
The Indian rupee is showing a strong recovery, gaining 22 paise to 89.45 against the US dollar today, following recent record lows. This rebound is attributed to likely Reserve Bank intervention, corporate inflows, and falling crude oil prices. Experts predict a significant strengthening in the latter half of the next financial year, suggesting the current weakness is temporary.
Continue Reading
-
Ben Stokes, England Slammed In Epic Rant Over Handshake Row: “Visible Cracks…”
- How A Factory In China Adapted To Trump, Tariffs And Trade Turmoil
-
BJP Ally Defends Son’s Cabinet Entry With “School” Dig At Tejashwi Yadav
- Groww files IPO papers, eyes $1 billion
- Amid IndiGo Crisis, Aviation Officials Review Situation At Key Airports
-
“Siddaramaiah Hit Lottery”: Karnataka Congress MLA’s Leaked Video Amid Tussle
- Pak embarrassed: After Rizwan’s retired-out episode, Ali also errs – Watch
-
Shahid Afridi Breaks Silence After Rohit Sharma Shatters Pakistan Great’s Historic Record
- US and Bangladesh strike new trade deal — key terms of the agreement
- Best Chilli Fish In Kolkata: 7 Restaurants That Get It Perfect Every Time