Rupee recovers ground, rises 24 paise to 85.48 against dollar, FII inflows and equity gains support rally
The rupee strengthened to 85.48 against the US dollar, gaining 24 paise, fueled by robust foreign fund inflows and positive domestic equity market performance. The rise occurred despite increasing crude oil prices, with traders remaining cautious about upcoming US tariff deadlines. The Sensex and Nifty also saw gains, reflecting the overall positive market sentiment.
The rupee strengthened to 85.48 against the US dollar, gaining 24 paise, fueled by robust foreign fund inflows and positive domestic equity market performance. The rise occurred despite increasing crude oil prices, with traders remaining cautious about upcoming US tariff deadlines. The Sensex and Nifty also saw gains, reflecting the overall positive market sentiment.
