💨 Abstract

The Indian rupee appreciated by 24 paise on Monday, closing at 86.81 against the US dollar, due to positive domestic equities and a weak US dollar overseas. The surge in crude oil prices capped the rupee's gains. The rupee has appreciated for four consecutive days, supported by better-than-expected economic data and lower treasury yields.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖