By Admin 
Rupee vs dollar: Despite US President Donald Trump’s refreshing threats over the tariff, the rupee rose by 15 paise to 87.73 per dollar during early trade on Wednesday.
The rupee opened at 87.72 against the US dollar in the Interbank Forex Exchange Market. After this, it came down to 87.73 per dollar with a slight decline, which shows an increase of 15 paise in the previous closed price. A day earlier the Indian rupee had reached its all -time low level and closed at 87.88 against the US dollar with a fall of 22 paise.
Rupee strengthened 15 paise
The dollar index, depicting the US dollar position against six major currencies, fell 0.07 percent to 98.71. Meanwhile, after a three -day meeting of RBI’s MPC (Monetary Policy Committee), Governor Sanjay Malhotra announced that there will be no change in the repo rate. That is, after cutting the repo rate thrice this year, this time it has been kept unchanged.
Along with this, RBI has predicted the economic growth rate (growth rate) for FY 2025 to be 6.5 percent. This decision has been taken on time by the RBI regarding the repo rate when tariff is being threatened by Trump. Talking about the domestic stock market, the 30 -share Sensex on BSE gained 113.41 points to 80,823.66 in early trade. At the same time, NSE’s Nifty 50 also climbed 19.20 points to 24,668.75 points.
In the international market, the price of Brent crude gained 0.62 percent to $ 68.06 per barrel. According to the stock market data, foreign institutional investors (FIIs) were pure selling on Tuesday. He sold shares worth Rs 22.48 crore.
Also read: RBI MPC Meeting: Interest rates are not changed between tariff tension, RBI Governor Sanjay Malhotra announced