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Rupee rises 33 paise to settle at 85.77/$

Mint Mumbai

|

April 16, 2025

Rising for the second straight session, the rupee jumped 33 paise to end at 85.77 (provisional) against the US dollar on Tuesday due to a sharp rise in equity markets and continuing weakness in the American currency amid global uncertainties.

Besides, lower global crude prices, favourable domestic inflation numbers and the US administration's latest move to suspend the additional 26% tariffs on India till 9 July also supported

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