Indian Rupee tests 84/$ mark after strong open; dollar, oil rise cap gains

Quick Summary:

The domestic currency opened 39 paise higher at 84.09 after ending at 84.

Meanwhile, China's commerce ministry said its door is open for trade talks and has repeatedly expressed its willingness to negotiate on tariffs with the US.

Crude oil prices rose on Friday following US President Donald Trump's warning of secondary sanctions on Iran, after a fourth round of US-Iran talks was postponed.

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Category: BusinessFinance

Markets: IndiaChinaPakistan

Topics: Rupee to dollar value Rupee dollar exchange rate Rupee gains on dollar Markets INR vs USD Today Rupee vs Dollar today Indian rupee vs USD today Indian rupee today Rupee vs dollar

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News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-02 @ 09:27:13 (14 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 481 words

Reading Time: 3 minutes read

Sentences: 21 lines

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Copyright Owner: © Business Standard

News ID: 28315894

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