The Indian rupee closed at a provisional 94.50 per US dollar in interbank trading, gaining ten paise from the previous close. The modest appreciation was driven by lower crude oil prices and a weaker US dollar. Analysts view the move as a short‑term relief for import‑dependent sectors, though volatility may persist.
The Indian rupee closed at a provisional 94.50 per US dollar in interbank trading, gaining ten paise from the previous close. The modest appreciation was driven by lower crude oil prices and a weaker US dollar. Analysts view the move as a short‑term relief for import‑dependent sectors, though volatility may persist.