
Commodities & Forex
Rupee hits six-week high of 94.49 on Jio IPO inflows and RBI steps
The currency has recovered more than 2% from near-record lows earlier this month.
Latest TotalMarket news and explainers on USD INR today, with what it means for India.

The currency has recovered more than 2% from near-record lows earlier this month.

Foreign money coming in for India's biggest IPO helped the rupee, even with Brent above $110.

A softer dollar overnight helps, but steady foreign selling and costly oil keep the rupee near 95.

The dollar index firms near 102 while the yen hits 158.5, a sign of broad dollar strength.