Rupee rises 8 paise to 72.88 ahead of Budget 2021- Business News
On Friday, the rupee had settled at 72.96 against the American currency. Reliance Securities said in a research note, "The focus of the market is currently on the upcoming federal budget on Monday. Traders will watch for any announcements that could have a bearing on equity flows, and in turn on the rupee in the near term. Asian currencies were weak against the greenback and could keep appreciation bias limited." Meanwhile, FM Sitharaman has initiated with the announcement of budget from Parliament. In this year's budget, the Centre is expected to primarily focus on manufacturing, Atmanirbh...