On Monday, the rupee strengthened by 9 paise, reaching 86.43 against the US dollar, buoyed by a weaker greenback. However, ongoing US-India tariff negotiations and continuous dollar demand from importers limited the rupee’s gains. Brent crude oil prices rose due to developing trade agreements, while investors awaited the US Federal Reserve’s policy meeting.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets