Rupee strengthens to close at six-and-a-half-month high
FROM THE WIRE · THEHINDUBUSINESSLINE.COM
Rupee ends six-and-a-half-month high at 93.90 per USD on strong FPIs, falling crude, and a weak dollar.
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishCurrency move relevant for foreign investors in India.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01The rupee closed at 93.90 per dollar.
- 02The gain is supported by strong FPI flows, falling crude and a weak dollar.
- 03It is the highest level in six and a half months.