Home Business Rupee rises by 25 paise to 68.33 against US dollar

Rupee rises by 25 paise to 68.33 against US dollar

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(G.N.S) Dt. 11 Mumbai The rupee rebounded 25 paise to 68.33 against the US dollar, in tandem with other emerging market currencies after Federal Reserve chief Jerome Powell bolstered expectations of a rate cut later this month. However, rising crude oil prices capped the gains. At the interbank foreign exchange market, the domestic unit opened on a firm footing at 68.31, but soon pared some gains to trade at 68.33,

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