Rupee Opens Lower As Dollar Gains

Indian Rupee edges down against US Dollar The Indian Rupee has opened on a cautious note against the US Dollar due to overnight gains in the latter. The USD/INR pair has edged up to near 95.35 after a corrective move the previous day. The US Dollar Index tr

Indian Rupee edges down against US Dollar

The Indian Rupee has opened on a cautious note against the US Dollar due to overnight gains in the latter.

The USD/INR pair has edged up to near 95.35 after a corrective move the previous day.

The US Dollar Index trades firmly near Wednesday’s high at 100.00, driven by fears of a prolonged global energy supply disruption and safe-haven demand due to Middle East tensions.

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