The Indian rupee appreciated 17 paise on Thursday to settle at ₹90.61 against the U.S. dollar (provisional), marking a notable gain in the foreign exchange market.
The uptick was supported by foreign fund investments that helped lift investor sentiment amid cautious trading conditions.
Forex traders said that while the inflows were not massive, they provided a psychological anchor for the domestic currency. In addition, the Reserve Bank of India’s efforts to ensure ample liquidity in the banking system may have contributed to the rupee’s strength.
During the session, the rupee opened around 90.55 against the dollar, touched an intraday high near 90.40, and finished the day stronger at 90.61.
The previous day had seen the rupee weaken, closing lower, but Thursday’s rebound reflects renewed confidence in the currency markets.
As global and domestic factors continue to influence the INR‐USD pairing, market participants will be watching foreign investment flows and RBI actions closely for future direction.
This report is based on market data and expert commentary from the latest trading session.
Indian rupee ne Thursday ko 17 paise ki appreciation dikhayi aur provisional basis par ₹90.61 per U.S. dollar par settle hua. Forex market mein yeh ek noticeable gain raha.
Is uptick ko foreign fund inflows ka support mila, jisne cautious trading environment ke beech investor sentiment ko boost kiya.
Forex traders ke mutabik, inflows bahut bade nahi the, lekin unhone rupee ko ek psychological support zaroor diya.
Saath hi, RBI ki taraf se banking system mein adequate liquidity maintain karne ki koshish ne bhi currency ko strength dene mein role play kiya.
Session ke dauran rupee ne lagbhag ₹90.55 par open kiya, intraday high kareeb ₹90.40 tak touch kiya aur end mein stronger note par ₹90.61 par close hua.
Pichhle session mein rupee weak close hua tha, lekin Thursday ka rebound currency market mein renewed confidence ko reflect karta hai.
Aage chal kar global cues, foreign investment flows aur RBI ke actions INR-USD movement ko impact karte rahenge. Market participants in factors par closely nazar rakhenge.