Categories: Business

Rupee rises 31 paise on weaker dollar, lower oil prices and continued FII inflows

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 News Vista

Leave a Comment
Share
Published by
The News Vista
3 months ago

Recent Posts

‘Changes applied to fix outage are not working as expected,’ says Microsoft

Microsoft is currently experiencing an outage affecting its email and cloud services due to server…

2 hours ago

Tenant defies SC eviction order, his son sells landlord’s property, HC strikes off buyer’s suit

The tenant did not vacate the property. He and his wife had executed a registered…

2 hours ago

‘We have given up violence’: Former Maoist leader Deoji seeks ban on CPM lifted, eyes democratic politics

2 hours ago

‘From armed struggle to people’s politics’: Ex-Maoist leader Deoji outlines new path, seeks release of jailed cadres

Former CPI(Maoist) leader Deoji is pivoting towards engaging in democratic politics, discarding his previous reliance…

2 hours ago

‘Threw Khawaja under the bus’: Warner hits out at Cummins over sandpaper row

David Warner has expressed his continued support for Usman Khawaja's explosive claims regarding the 2018…

2 hours ago

‘I don’t care’: How Jensen Huang’s last hours as Nvidia CEO unfolded

Post Content

2 hours ago