Forex traders said continued foreign inflows, stable crude, and a mild dollar offer tailwinds for the rupee. However, gains were capped by renewed greenback demand, geopolitical risks, and a rebound in energy prices
Rupee rises 5 paise to close at 93.93 against U.S. dollar
EXECUTIVE SUMMARY
Forex traders said continued foreign inflows, stable crude, and a mild dollar offer tailwinds for the rupee. However, gains were capped by renewed greenback demand, geopolitical risks, and a rebound in energy prices
Key Takeaways
- Rupee rises 5 paise to close at 93.93 against U.S.
- Forex traders said continued foreign inflows, stable crude, and a mild dollar offer tailwinds for the rupee.
- However, gains were capped by renewed greenback demand, geopolitical risks, and a rebound in energy prices
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Published originally on The Hindu - Default Feeder
