Rupee raced as soon as the dollar falls, the strongest in 7 months


Rupee Strong Against Dollar: The Indian currency is showing its strength due to the steady fall in the values ​​of US dollar. On Friday, the rupee is trading close to 84 rupees in the last 7 months. This is the first time since October 2024 that the rupee has reached the level of 84 per dollar.

The rupee opened by about 39 paise to open at 84.09 per dollar and after that the rupee rose 0.85 percent and reached 83.78 against the dollar.

There are many factors including weekly benefits behind this increase in the rupee. The rupee has gained about 2% in this week. Apart from this, there was a steady boom in Indian equity. Increasing the early expectations of the US-India trade agreement under Trump administration has also worked to increase the price of rupee.

Also read: A tremendous rise of 900 points in Sensex, these are 3 big reasons behind Raunak in the stock market today



Source link

support@headlinenews360.com

Related Posts

The market with the uncertainty of trade deal with US, crosses 144 points above Sensex, Nifty crosses 24800

Stock Market Today: On Wednesday, July 30, 2025, the market closed in the green mark amidst a tremendous bounce in L&T shares on the third trading day of the week.…

How is the allowance of government employees and how much can be increased in DA this time?

DA Hike in July 2025: It is being said that a big gift can be given to government employees and pensioners before Rakshabandhan on behalf of the central government. The…

Leave a Reply

Your email address will not be published. Required fields are marked *