Rupee Strengthens Against Dollar Amid Lower Oil Prices
The Indian Rupee has gained strength against the US Dollar, rising to 95.64 in early trade on Tuesday.
This appreciation of 35 paise is attributed to lower crude oil prices and easing geopolitical tensions.
The weak dollar index and positive equity market sentiment have also contributed to the rupee's gain.
Brent crude has fallen by 1.43% to USD 87.10 per barrel, while the dollar index is trading down 0.06% at 101.31.