Rupee gains 15 paise to 75.30 against U.S. dollar in early trade
The Hindu
In the previous session, the rupee had settled at 75.45 against the greenback.
The rupee appreciated 15 paise to 75.30 against the U.S. dollar in opening trade on Tuesday, as a rally in domestic equities and weak American currency in the overseas markets boosted investor sentiments.
However, surging crude prices in the international market and unabated foreign capital outflows capped the rupee’s rise, traders said.
At the interbank foreign exchange, the rupee opened strong at 75.31 and inched up to quote 75.30 against the American dollar in early deals, registering a rise of 15 paise from the last close.
Around 440 MBBS graduates of 2021 are not required to undergo one year of compulsory rural service as per the bond signed by them while joining the medical course through government-quota seats in 2015 as the High Court of Karnataka has said the law, enacted in 2012 for mandatory rural service, remained unenforced for 10 years as it was published in the official gazette only in July 2022.