Rupee opens 13 paise lower at 94.74 against dollar
after close1 source ↓written by the desknot a recommendation
- Indian rupee opened
- 13 paise lower
- against the US
- 94.74
- US dollar
- 7 May
- the previous day
- 69 paise gain
The Indian rupee opened 13 paise lower at 94.74 against the US dollar on 7 May. This follows a 69 paise gain the previous day, driven by falling crude oil prices and improved global sentiment. However, optimism faded after comments from US President Trump regarding Iran negotiations dampened market confidence.
Not investment advice. For informational purposes only.