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Saturday, November 3, 2018

Indian Rupee logs biggest single-day gain in 5 yrs, leaps 100 paise on crude respite Friday Nov 02,2018

Image result for Indian Rupee Vs US $
The Indian Rupee on Friday Nov 02,2018 posted its best gain against the dollar in five years as it appreciated 101 paise or 1.36% to end the day at 72.45 a dollar as compared with the previous close of 73.45

A combination of factors like ebbing global crude oil prices and a possible U.S.-China trade deal led to the strengthening of the Indian Rupee.

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