Rupee logs steepest single-day gain in nearly 5 years; ends 73 paise higher at 86.05 Vs dollar

Rupee logs steepest single-day gain in nearly 5 years; ends 73 paise higher at 86.05 Vs dollar https://www.taxtmi.com/news?id=47488 The rupee recorded its steepest single-day appreciation in nearly five years after Brent crude plunged amid ceasefire reports, a softer dollar and firm domestic equities; it traded in a wide intraday range and analysts flagged near-term USD INR ranges while pointing to US macro data and Fed testimony as key upcoming cues, noting credit rating commentary and foreign institutional outflows as important market considerations. en-us Tue, 24 Jun 2025 20:31:03 +0530 Tue, 24 Jun 2025 20:31:03 +0530 TaxTMI RSS Generator Rupee logs steepest single-day gain in nearly 5 years; ends 73 paise higher at 86.05 Vs dollar https://www.taxtmi.com/news?id=47488 The rupee recorded its steepest single-day appreciation in nearly five years after Brent crude plunged amid ceasefire reports, a softer dollar and firm domestic equities; it traded in a wide intraday range and analysts flagged near-term USD INR ranges while pointing to US macro data and Fed testimony as key upcoming cues, noting credit rating commentary and foreign institutional outflows as important market considerations. News - Tue, 24 Jun 2025 20:31:03 +0530 https://www.taxtmi.com/news?id=47488