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HomeNewsFinanceRupee rises 16 paise to close at 95.25 against US dollar

Rupee rises 16 paise to close at 95.25 against US dollar

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Rupee rises 16 paise to close at 95.25 against US dollar

Mumbai, Jun 10 (PTI) The rupee appreciated 16 paise to close at 95.25 against the US dollar on Wednesday, amid likely intervention from the Reserve Bank of India (RBI) to curb excessive volatility and prevent a further slide in the domestic unit. Forex traders said the rupee pared its initial losses and settled on a positive note as Brent crude…

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