Rupee Rises To 82.64 A Dollar, But Chinese Yuan's Crash To Record Low Limits Gains
NDTV
The rupee gained slightly on Tuesday, driven by an easing dollar on less hawkish US central bank bets.
The rupee gained slightly on Tuesday, driven by an easing dollar on less hawkish US central bank bets, but the domestic currency's rise was limited in a holiday-shortened trading week after the Chinese yuan crashed to a record low.
Bloomberg showed the rupee was last changing hands at 82.6425 per dollar, after opening at 82.65, compared to its previous close of 82.6850 on Friday.
PTI reported that the domestic currency rose 25 paise to 82.63 against the US dollar in early trade.
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