The Hindu·3 min read·medium
Rupee rises for 6th day, gains 12 paise to 95.31 against U.S. dollar as crude drops
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PTI
✦AI Summary
The Indian rupee strengthened for the sixth consecutive session, closing at 95.31 against the U.S. dollar. This gain was driven by a decline in global crude oil prices and reduced geopolitical tensions following President Trump's decision to avoid military strikes against Iran.
The rupee strengthened against the U.S. currency for the sixth consecutive session on Monday, closing higher by 12 paise at 95.31 (provisional) following a sharp drop in global crude oil prices and a softer greenback after US President Donald Trump decided to hold off strikes against Iran.
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