The Indian rupee appreciated by 16 paise to 85.41 against the US dollar in early Monday trade (May 19), driven by a weak dollar, strong foreign fund inflows, and falling crude prices. Market remained cautious due to Moody’s downgrade of US rating and global uncertainties. BulletsIn Rupee opens at 85.43, rises to 85.41 vs dollar
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The Indian rupee appreciated by 16 paise to 85.41 against the US dollar in early Monday trade (May 19), driven by a weak dollar, strong foreign fund inflows, and falling crude prices. Market remained cautious due to Moody’s downgrade of US rating and global uncertainties. BulletsIn Rupee opens at 85.43, rises to 85.41 vs dollar
