Rupee jumps 31 paise to end at 75.59 against US dollar
The Hindu
The dollar index, which gauges the greenback’s strength against a basket of six currencies, declined 0.20 per cent to 96.35.
The rupee surged by 31 paise to close at 75.59 (provisional) against the US dollar on December 21 as positive domestic equities and a weak American currency in the overseas markets boosted investor sentiment.
At the interbank forex market, the domestic unit opened strong at 75.74 against the greenback and witnessed an intra-day high of 75.41 and a low of 75.74 during the day’s trade. It finally ended at 75.59 a dollar.
In the previous session, the rupee had settled at 75.90 against the US dollar.
After Leader of the Opposition in the Assembly R. Ashok’s prediction on Saturday that Chief Minister Siddaramaiah will step down in November 2025 triggered intense political discussions in the State, Home Minister G. Parameshwara on Sunday said Mr. Siddaramaiah will continue for the full five-year term.