July 10, 2025
The Indian rupee appreciated by 21 paise to close at 85.73 against the US dollar. This rise was attributed to a decrease in global crude prices, a devalued dollar against major currencies, reduced foreign fund outflow, and a strong domestic stock market. Anil Kumar Bhansali, from Finrex Treasury, highlighted the potential for further gains if a US-India trade deal is reached.
Tags: Rupee, Dollar, Forex, Stock market,
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