2025-06-11 02:31:23 pm | Source: Accord Fintech
Rupee strengthens against US dollar on Wednesday
The Indian rupee strengthened against the US dollar on Wednesday, tracking firm domestic equities following positive signals in trade discussions between the US and its major trading partners like India and China. Moreover, Steady dollar, strong foreign fund inflows and a decline in global crude oil prices have also supported rupee sentiments. Foreign institutional investors bought equities worth Rs 2,301.87 crore on a net basis on Tuesday, exchange data showed.
The partially convertible currency is currently trading at 85.44, stronger by 13 paise from its previous close of 85.57 on Tuesday. The currency touched a high and low of 85.5325 and 85.42 respectively.
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