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Rupee rises 10 paise to 96.65 against US dollar during early trade

The rupee traded in a narrow range and edged up 10 paise to 96.65 against US dollar in early trade on Thursday on likely...

Rupee rises 10 paise to 96.65 against US dollar during early trade
Source: Business Standard - World Business

The rupee traded in a narrow range and edged up 10 paise to 96.65 against US dollar in early trade on Thursday on likely intervention by the Reserve Bank of India. Forex traders said rupee is under pressure amid persistent macroeconomic headwinds, including global dollar strength (DXY trading near multi-month highs), elevated Brent crude prices hovering near USD 102 per...

SOURCE: Business Standard - World Business
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