2026-01-14 12:15:40 pm | Source: Accord Fintech
Rupee strengthens against US dollar in early deals on Wednesday
The Indian rupee strengthened against the US dollar in early deals on Wednesday amid lower crude oil prices, even as traders stayed cautious on continued foreign fund outflows and global tariff-related concerns. Foreign institutional investors offloaded equities worth Rs 1,499.81 crore on Tuesday, exchange data showed. Rupee improved further after the latest Global Economic Prospects report showed that the World Bank has revised its India's FY26 growth to 7.2% and projected 6.5% growth for FY27.
The partially convertible currency is currently trading at 90.18, stronger by 5 paise from its previous close of 90.23 on Tuesday. The currency touched a high and low of 90.27 and 89.94 respectively.
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