Rupee extends gains as foreign inflows back weaker dollar
Indian rupee opened marginally higher versus the US dollar on Friday, extending recent gains. Strong foreign currency inflows and a weaker dollar supported the move, while elevated crude oil prices remain a risk.
The Indian rupee opened marginally higher against the US dollar on Friday (September 4), extending its recent gains, as strong foreign currency inflows and a weaker dollar offered support to the domestic currency.
However, elevated crude oil prices remain a key risk for the rupee.The rupee opened a…