💨 Abstract

The Indian rupee appreciated by 5 paise against the US dollar on Wednesday, reaching 83.58, due to a positive trend in domestic equities and a weak US dollar against major currencies. The Sensex and Nifty also hit all-time highs. The strength of the rupee is attributed to a weak dollar index and continued positive sentiment in the Indian markets.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖