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Rupee strengthens against US dollar amid Trump tariff tantrums

At the interbank foreign exchange, rupee opened at 90.76 against the US dollar and then strengthened further to 90.73 — up 21 paise from its previous close of 90.94 on Friday. A positive start for India's stock market and an increase in forex reserves is supporting the currency, according to forex traders.

The rupee opened at 90.76 against the US dollar and then strengthened further to 90.73—up 21 paise from its previous close of 90.94 on Friday

The rupee opened at 90.76 against the US dollar and then strengthened further to 90.73—up 21 paise from its previous close of 90.94 on Friday

Credit: Hindustantimes

Key Highlights

  • At the interbank foreign exchange, rupee opened at 90.76 against the US dollar and then strengthened further to 90.73 — up 21 paise from its previous close of 90.94 on Friday.
  • A positive start for India's stock market and an increase in forex reserves is supporting the currency, according to forex traders.
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Sources

  1. Rupee strengthens against US dollar amid Trump tariff tantrums

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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