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Rupee Jumps 28 Paise Against US Dollar as Crude Price Drops
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The rupee has jumped 28 paise against the US dollar as crude prices dropped to $92 per barrel. The currency appreciated 28 paise to trade at 96.25 against the greenback.
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Rupee Jumps 28 Paise Against US Dollar as Crude Price Drops
The rupee has jumped 28 paise against the US dollar as crude prices dropped to $92 per barrel. The currency appreciated 28 paise to trade at 96.25 against the greenback. Rupee began Monday on a stronger note against the US dollar, supported by a sharp decline in crude oil prices, a weaker dollar overseas and improving global sentiment after the US and Iran indicated a pause in Middle East hostilities. Forex traders said the pullback in the US dollar index and firm buying at Dalal Street also lent support to rupee.
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