Rupee rises 10 paise to close at 94.40 against US dollar
The rupee pared its initial losses and settled for the day 10 paise higher at 94.40 against the US dollar, as the US and Iran signed the peace agreement, boosting global market sentiments.
The rupee pared its initial losses and settled for the day 10 paise higher at 94.40 against the US dollar, as the US and Iran signed the peace agreement, boosting global market sentiments.
Forex traders said market sentiments were buoyant after the United States and Iran electronically signed a memorandum of understanding aimed at ending hostilities and creating a framework for negotiations on Iran's nuclear programme. Negotiators are expected to meet in Geneva on Friday.
Meanwhile, positive domestic equities supported investor sentiments further.
