Asian currencies witness a bit of reprieve, lift rupee
Rupee was at 82.77 to the US dollar by 10:29 a.m. IST, up from 82.85 in the previous session. Following the higher opening, the local currency has been in a three-paisa range.
Reuters
- Feb 23, 2023,
- Updated Feb 23, 2023 11:36 AM IST
The Indian rupee rose against the dollar on Thursday, helped by a broad recovery in Asian currencies following losses fuelled by worries over rising US yields.
The rupee was at 82.77 to the US dollar by 10:29 a.m. IST, up from 82.85 in the previous session. Following the higher opening, the local currency has been in a three-paisa range.
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The Indian rupee rose against the dollar on Thursday, helped by a broad recovery in Asian currencies following losses fuelled by worries over rising US yields.
The rupee was at 82.77 to the US dollar by 10:29 a.m. IST, up from 82.85 in the previous session. Following the higher opening, the local currency has been in a three-paisa range.
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