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Rupee rises 18 paise to close at 85.23 against dollar
The Morning Standard
|April 29, 2025
THE rupee on Monday appreciated 18 paise to close at 85.23 against the dollar, supported by sustained foreign fund inflows, easing crude oil prices and a bullish trend in domestic equities.
Forex traders said strong domestic fundamentals such as rising forex reserves also boosted investor sentiments. At the interbank foreign exchange, the domestic currency opened at 85.29 and hit intra-day high of 84.96 and low of 85.42 against the greenback. The unit ended the session at 85.23 against dollar, a gain of 18 paise over its previous closing level.
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