Rupee Vs Dollar: INR bounces back after hitting all-time lows on Monday; Motilal Oswal recommends Sell in 27 May USDINR futures
India Rupee bounced back on Tuesday against the US Dollar in early trade. It was up around 20 paise and was trading around 77.24 against the greenback. The strength was on account of improved sentiments in the domestic equity markets and receding global crude prices
May USDINR Futures were trading at Rs 77.4275 on the NSE around this time, and were down 0.17 per cent or 13 paise from the previous closing price of 77.5575 on Monday. Source: Pixabay