The rupee has seen a slow recovery over the past one week, which slipped below 94.50 yesterday, but has fallen below 94 today. A beautiful performance was seen in the rupee. However, the rupee had a weak start to the day, opening above 94.50, but gradually recovered. According to forex traders, the overnight increase in crude oil prices and the dollar's recovery put pressure on the rupee. But the situation has changed after the US mid-term election results and crude oil prices have come down, accompanied by a strong return of FIIs, which has seen the rupee strengthen.
Tremendous rise in rupee, below 94 (Business) is featured on Aapnu Amdavad — the digital home of Ahmedabad, where Amdavadis discover news and everything happening across the city.
