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Currency Check: Rupee opens 43 paise higher as easing US-Iran tensions

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  1. The Indian rupee opened 43 paise higher against the US dollar amid easing US-Iran tensions.

  2. Finrex expects exporters to wait for higher levels before selling dollars.

  3. Importers may use the rupee's dip to hedge near-term import payments.

  4. The RBI is likely to continue supporting the rupee at weaker levels.

3h ago · original ↗
Currency Check: Rupee opens 43 paise higher as easing US-Iran tensions · in5points