Rupee gains 12 paise after 3-day record low

The rupee strengthened by 12 paise to close at 93.86, breaking a three-day streak of record lows. This easing of pressure on the currency coincided with a cooling of international oil prices and a rise in equities. Despite some positive geopolitical signals, the rupee continues to face pressure due to ongoing global uncertainty.

Rupee gains 12 paise after 3-day record low
The rupee strengthened by 12 paise to close at 93.86, breaking a three-day streak of record lows. This easing of pressure on the currency coincided with a cooling of international oil prices and a rise in equities. Despite some positive geopolitical signals, the rupee continues to face pressure due to ongoing global uncertainty.