💨 Abstract

The Indian rupee increased on Thursday due to foreign bank dollar sales and reduced short positions, despite a trading session affected by an outage on the London Stock Exchange Group's foreign exchange platform. The currency closed at 86.9975 against the US dollar, up 0.2% on the day. The rupee outperformed most Asian peers as concerns about US trade policies persisted.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖