The Indian rupee, on Tuesday, briefly hit its highest level this year on the back of likely equity inflows and a U.S. dollar that continues to struggle.
The rupee is witnessing a choppy session as it navigates rising India-Pakistan tensions, a weaker dollar and inflows via foreign banks.
The rupee opened slightly weaker and hit 85.14 per dollar, before quickly reversing to reach a year-to-date high of 84.95.
It was last at 85.04
The rupee is witnessing a choppy session as it navigates rising India-Pakistan tensions, a weaker dollar and inflows via foreign banks.
The rupee opened slightly weaker and hit 85.14 per dollar, before quickly reversing to reach a year-to-date high of 84.95.
It was last at 85.04
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