The Indian Rupee rose 2 Paise to 78.02 per dollar

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Investing Finances

The rupee opened at 78.02 against the dollar, a change of 2 paise from yesterday’s close. 

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Indian rupee dropped to 77.90 against the American dollar, but it quickly rose back up to 78.06.

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Indian rupee dropped to 77.90 against the American dollar, but it quickly rose back up to 78.06.

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The government and the RBI had to take many measures against inflation in May.

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They raised the repo rate, as well as imposed duty hikes. These were necessary because prices were going up too quickly due to food and fuel.

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