scorecardresearchRupee rises 50 paise to 81.42 against US dollar in early trade

Rupee rises 50 paise to 81.42 against US dollar in early trade

Updated: 09 Nov 2022, 10:25 AM IST
TL;DR.
The rupee had strengthened on Monday and has appreciated further in offshore trading on broad US dollar weakness and positive global risk sentiment, IFA Global Research Academy said in a research note.
Indian rupee banknotes arranged for a photograph at a general store in Mumbai, India, on Wednesday, July 20, 2022. The rupee slid to all-time low of 80.06 per dollar on Tuesday, and has lost 2.4% over the past month, the third-worst performing Asian currency over the period. Photographer: Dhiraj Singh/Bloomberg

Indian rupee banknotes arranged for a photograph at a general store in Mumbai, India, on Wednesday, July 20, 2022. The rupee slid to all-time low of 80.06 per dollar on Tuesday, and has lost 2.4% over the past month, the third-worst performing Asian currency over the period. Photographer: Dhiraj Singh/Bloomberg