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Rupee Rises 29 Paise To 94.62 Against US Dollar In Early Trade, Jio IPO Inflows And RBI Support Lift Indian Currency

Rupee Rises 29 Paise To 94.62 Against US Dollar In Early Trade, Jio IPO Inflows And RBI Support Lift Indian Currency
Photo: Free Press Journal · view original

Mumbai: The Indian rupee strengthened against the US dollar in early trading on Wednesday, October 21, gaining 29 paise to reach 94.62. Positive domestic equity markets, foreign fund inflows linked to the Jio Platforms IPO and support from the Reserve Bank of India (RBI) helped the local currency...

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