💨 Abstract

The Indian rupee closed marginally higher at 87.18 against the US dollar on Thursday, due to a muted domestic equity market trend and persistent foreign fund outflows. The dollar was strengthened by recent US tariff announcements and month-end dollar demand. The rupee's earlier losses were recouped by the end of the day, possibly due to central bank interventions.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖