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Rupee rises 15 paise to close at 79.48 against US dollar
Rupee rises 15 paise to close at 79.48 against US dollar
"The Indian rupee outperforms among Asian currencies amid corporate dollar inflows and lacklustre global cues ahead of US inflation data," said Dilip Parmar, Research Analyst, HDFC Securities.The market is pricing in a cool-down in US inflation from the previous reading from 9.1 per cent to 8.7 per cent year-on-year.
"The Indian rupee outperforms among Asian currencies amid corporate dollar inflows and lacklustre global cues ahead of US inflation data," said Dilip Parmar, Research Analyst, HDFC Securities.The market is pricing in a cool-down in US inflation from the previous reading from 9.1 per cent to 8.7 per cent year-on-year.