Rupee rises 28 paise to 94.94 versus US dollar
The rupee gained 28 paise to close at 94.94 (provisional) against the US dollar, near a two-month high, after robust domestic growth and controlled fiscal slippage.
The rupee gained 28 paise to close at nearly two-month high of 94.94 (provisional) against the US dollar on Tuesday on robust domestic growth, controlled fiscal slippage and portfolio-related inflows.Forex traders said recent MSCI-linked inflows are offering temporary support to the rupee.Moreover…