Rupee rises 28 paise to 96.25 against U.S. dollar in early trade
At the interbank foreign exchange, the rupee opened at 96.18 but lost some ground to trade at 96.28 against the greenback, logging a gain of 28 paise from its previous closing level

National · 17 updates
At the interbank foreign exchange, the rupee opened at 96.18 but lost some ground to trade at 96.28 against the greenback, logging a gain of 28 paise from its previous closing level
At the interbank foreign exchange, the rupee opened at 95.75 and gained further to trade at 95.64 against the greenback, up 35 paise from its previous closing level
The Indian Rupee strengthened for a fourth straight session on Wednesday. It gained five paise against the US dollar, reaching 95.77. This rise was supported by a softer American currency and lower crude oil prices. Improved domestic equity sentiment and foreign investor buying also boosted the rupee. Market participants watched the dollar index and crude oil price movements closely.
A proposal to settle bilateral trade between Russia and Bangladesh in Indian rupees has been proposed
The Indian rupee strengthened against the US dollar on Monday morning. Falling global crude oil prices and a weaker US dollar supported the rupee's rise. Foreign fund inflows and higher forex reserves also provided additional support. Easing geopolitical concerns after US President Donald Trump delayed strikes on Iran helped markets. The Reserve Bank of India's continued intervention further bolstered the currency's performance.
The currency is now hovering back to its two-month lows. While the RBI is intervening to prevent major volatility, the fact is the rupee is still facing immense pressure, and experts believe the currency is unlikely to appreciate much any time soon.
At the interbank foreign exchange, the rupee opened at 96.29 but fell to 96.39, down 4 paise from its previous close
At the interbank foreign exchange market, the rupee opened at 95.53 against the U.S. dollar; in intraday trade, the rupee touched a high of 94.96 and a low of 95.53 against the greenback
Finance Minister Nirmala Sitharaman said the rupee has reached a low against the U.S. dollar mainly due to global uncertainties, even though India’s macro-economic fundamentals, including forex reserves, are strong and the regulator RBI is ensuring that the domestic currency stays stable