concise.
OriginalSourceThehindubusinesslineLeanUnratedCredibilityUnratedPublished10:34 UTCSourceThehindubusinesslineLeanUnratedCredibilityUnratedPublished10:34 UTC

“Rupee rises 13 paise to settle at 94.71 against US dollar”

Rupee settled 13 paise higher at 94.71 per dollar

Key points

  • Rupee settles at 94.71 (provisional), 13 paise higher on Tuesday.
  • Inflow of foreign funds supported the rupee amid strong domestic equity buying.
  • Oil price recovery capped gains as crude benchmark Brent rose to about 105.67.
  • Sensex rises 1,225.07 points and Nifty up 370.05 points on the day.
  • Foreign institutional investors remained net buyers for the second straight day.
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