Rupee rises on inflows, forward premiums fall on RBI swap maturity
The rupee was at 82.9175 to the U.S. dollar at 11:26 a.m. IST, up from 82.97 in the previous session. The currency has been in a 4 paisa range so far.
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The rupee was at 82.9175 to the U.S. dollar at 11:26 a.m. IST, up from 82.97 in the previous session. The currency has been in a 4 paisa range so far.
The rupee was at 82.9850 against the U.S. dollar as of 10:20 a.m. IST, marginally stronger compared with its previous close at 83.0150.
The dollar index edged lower to 102.14 after touching a more-than-two-week high in the New York session, supported by an uptick in U.S. yields and tepid risk appetite.
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