Rupee gains 66 paise on RBI governor's comments
pre-market1 source ↓written by the desknot a recommendation
- against the US
- ₹95.91
- after RBI governor
- 66 paise
- in global crude
- 10% drop
- Sensex also rose
- 776 points
The rupee closed at ₹95.91 against the US dollar, up 66 paise after RBI governor Sanjay Malhotra indicated the currency is undervalued. The central bank's interventions and a 10% drop in global crude prices supported the rupee's rally. The Sensex also rose 776 points, reflecting positive market sentiment.
Not investment advice. For informational purposes only.