💨 Abstract

The Indian rupee appreciated 23 paise to close at 86.35 against the US dollar on Wednesday, due to positive domestic equities and a soft American currency index. Forex traders anticipate high volatility for the rupee, with a negative bias ahead of key global and domestic economic events. The overall global economic uncertainty has weighed on both currencies and commodities, keeping investors on edge. The rupee opened at 86.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖