Rupee rebounds from record low amid hopes of weaker dollar demand
The rupee recovered 16 paise from its record low in early trade on Wednesday amid expectations of weaker US dollar demand following higher import tariffs on gold and silver. However, elevated crude oil prices and global dollar strength continued to weigh on market sentiment. Mumbai: The rupee rebounded by 16 paise from its all-time low to 95.52 against the American…
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