Rupee Soars to 5-Month High with Best Single-Day Gain in 29 Months

Unknown Apr 02, 2026 550 Views

The rupee gained 0.5% to 84.78 against the dollar on April 30, its strongest since late 2024 and the biggest one-day rise since late 2022, as solid foreign inflows and a softening US dollar supported it. The key reasons are: Foreign investments: Over ₹25,000 crore of FII investment...