Mumbai: The Indian rupee showcased its resilience in the foreign exchange market, surging against the US dollar in early trade on July 7, 2023. The currency’s upward trajectory indicates a positive sentiment among investors, bolstered by robust economic indicators and favorable domestic factors.
Starting the day on a strong note, the rupee opened at ₹73.50 against the dollar, marking a…
Global factors and market sentiments impact the Indian currency, pushing it to a lower value
In a volatile start to the trading day, the Indian rupee experienced a decline of 20 paise against the US dollar, settling at INR 82.45. The currency’s performance, largely influenced by global economic conditions and market sentiments, sheds light on the prevailing challenges faced by India’s…