Thursday, December 12

Rupee rises 9 paise to close at 84.41 against US dollar

Mumbai, November 22, 2024.

he rupee recovered from its all-time low level and appreciated 9 paise to close at 84.41 against the US dollar on Friday, supported by positive domestic equities.

Forex traders said the rupee is trading in a narrow range as the US dollar strengthened in the overseas market and Brent oil continued to move up as fighting between Ukraine and Russia continued to gain investors’ attention.

Moreover, foreign institutional investors have continued their equities selling mode and kept the dollar well bid.

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