Rupees gains 17 paise to 85.40 against US dollar on lower oil...

Rupees gains 17 paise to 85.40 against US dollar on lower oil prices following Moody’s US rating downgrade

Posted

The Indian rupee strengthened to 85.40 against the US dollar, fueled by a weaker dollar index and lower crude oil prices. Moody's downgrade of the US credit rating further pressured the dollar. Despite positive FII inflows and rising forex reserves, weak domestic equities capped the rupee's gains as traders remained cautious of trade deficit pressures.

Read Full Article

Please log in to like, share and comment!

Sports

IPL: Abhishek shines for SRH as Pant's LSG crash out of playoff race

Abhishek Sharma's explosive 59 off 20 balls propelled Sunrisers Hyderabad to a six-wicket victory...

By 0 1

International

US Supreme Court clears way for Trump administration to deport 350,000 Venezuelans

The US Supreme Court has allowed the Trump administration to end Temporary Protected Status (TPS)...

By 0 10

Entertainment

Vikrant shares heartwarming moments with wife, son

Vikrant Massey is enjoying a career break to spend time with wife Sheetal Thakur and their son...

By 0 12

Entertainment

Ridhi says she was 'bullied' for working with Fawad

Actress Ridhi Dogra recently addressed the ‘scary’ incidents that took place during...

By 0 12

Entertainment

Sai Tamhankar on her intimate scenes in Hunterrr

Actor Sai Tamhankar, who is known for her impactful performances in Marathi and Hindi films, has...

By 0 12