Rupee rises 11 paise to 95.17 against U.S. dollar in early trade

Rupee rises 11 paise to 95.17 against U.S. dollar in early trade

India’s rupee edged up by 0.11 rupee to settle at 95.17 per U.S. dollar in early trading. The movement followed the Federal Reserve’s decision to leave its benchmark interest rate unchanged in the 3.75%‑4.00% range, a step that matched market expectations. Traders noted the policy hold contributed to a modest weakening of the dollar against the rupee.

Rupee rises 11 paise to 95.17 against U.S. dollar in early trade — PinBrief