Rupee hits five-day high at 94.35 as crude slump and weak Dollar drive rally

· thehindubusinessline.com

The Indian rupee extended its winning streak to a fifth consecutive session on Thursday, opening at 94.35 against the US dollar — a gain of 29 paise over Wednesday’s close of 94.64. Falling crude oil prices, a softer dollar index, and renewed foreign investor interest have combined to lift the currency.

The Indian rupee extended its winning streak to a fifth consecutive session on Thursday, opening at 94.35 against the US dollar — a gain of 29 paise over Wedn...


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