Indian Rupee Off 4-day Low Against U.S. Dollar
February 28 2022 - 2:20AM
RTTF2
The Indian rupee erased its early losses against the U.S. dollar
in evening deals on Monday, as regional stocks finished the session
higher amid optimism about talks between Russia and Ukraine.
The broader NSE Nifty index closed the session up 135.50 points,
or 0.81 percent, at 16,793.90, while the benchmark S&P BSE
Sensex ended at 56,247.28, up 388.76 points, or 0.70 percent from
its previous close.
The Indian rupee recovered to 75.26 against the greenback from a
4-day low of 75.78 hit in the morning session. The currency is seen
finding resistance around the 72.00 level.
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