Currency Buzz: INR Buoyed By Foreign Fund Inflows

2 Aug 2022 , 05:11 PM

The Indian rupee jumped 41 paise to close at 78.65 (provisional) against the US dollar on Tuesday buoyed by persistent foreign fund inflows into capital markets and softening crude oil prices. At the interbank forex market, the local unit opened strong at 78.96 against the greenback and witnessed an intra-day high of 78.49 and a low of 78.96. It finally ended at 78.65 against the American currency, a rise of 41 paise over its previous close. In the previous session, the rupee had closed at 79.06 against the US dollar. Powered by Commodity Insights