Rupee rises 38 paise to close at 85.03 against US dollar
Mumbai, The rupee appreciated 38 paise to close at 85.03 against the US dollar on Monday, supported by sustained foreign fund inflows, easing crude oil prices and a bullish trend in domestic equities. Forex traders said strong domestic fundamentals, such as rising forex reserves also boosted investor sentiments. At the interbank foreign exchange, the domestic…
