Rupee rises 2 paise to close at 94.49 against US dollar

The Indian rupee has risen by two paise, closing at 94.49 against the US dollar, buoyed by positive foreign investments and an increased appetite for risk. However, the rising prices of crude oil and ongoing US-Iran tensions may hinder further appreciation. With this, the rupee has marked six sessions of consecutive gains, prompting traders to keep an eye on US non-farm payroll data for upcoming market trends.

This story was originally reported by Economic Times — Markets. As an automated real-time news aggregator, NewsToolBar provides multi-perspective indexing and AI summarization while directing full readership directly to primary publisher sources.