The Hindu·3 min read·medium
Rupee rises 31 paise to 95.12 against U.S. dollar in early trade
P
PTI
✦AI Summary
The Indian rupee appreciated against the U.S. dollar following a decline in global crude oil prices and a softer dollar index. This market movement was influenced by geopolitical developments, specifically President Trump's decision to delay military strikes against Iran.
The rupee surged 31 paise to 95.12 against the U.S. dollar in early trade on Monday (August 3, 2026) over a steep fall in global crude oil prices and a softer greenback after US President Donald Trump decided to hold off strikes against Iran.
economybusinesspolitics
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