Rupee Rises 3% From Record Low; Analysts See 92.5 per Dollar by December-End
The rupee has gained more than 3% from its record low of 96.90 against the US dollar. Analysts see it at 92.5 per dollar by December-end.
The rupee is staging a sharp recovery, gaining more than 3 percent from its record low of 96.90 against the US dollar. Trump's setback in the US midterm elections, coupled with crude oil prices slipping back below the $100-per-barrel mark, has lifted hopes of a more favourable global environment fo…