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Forex Market: Indian rupee rises against US dollar | DH Latest News, DH NEWS, Latest News, NEWS, Business , Forex, indian rupees, Indian Rupee, Forex Foreign Exchang, Forex Market, US Dollar Index, Forex traders, US dollars, US dollar

Summary by eastcoastdaily.in
Mumbai: The Indian rupee gained against US dollar. As per forex traders, sustained foreign fund inflows and weak US dollar supported the upward rally of the Indian currency. However, widening of trade deficit, a weaker start in the domestic equity markets and a rise in Brent crude prices capped further gains in the local currency. At the interbank foreign exchange, the rupee opened strong at 85.28 against the US dollar before dropping to 85.42, …
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eastcoastdaily.in broke the news in on Friday, May 16, 2025.
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