Rupee recovers 5 paise from all-time low to 83.65 against US dollar in early trade
By 2024-07-22 10:19:41
In early trade, the rupee gains 5 paise versus the US dollar, reaching an all-time low of 83.65.
The rupee recovered from its all-time low level and appreciated by 5 paise to 83.65 against the US dollar in early trade on Monday, as the American currency retreated from its elevated level. Forex traders said foreign fund inflows and possible intervention by the Reserve Bank of India (RBI) supported the rupee at lower levels and restricted the downfall.