Business Blog: Rupee rises 9 paise to 82.61 against US dollar in early trade

Thursday, August 31, 2023

Rupee rises 9 paise to 82.61 against US dollar in early trade

The Indian rupee strengthened by 9 paise to reach 82.61 against the US dollar in early trade on Friday. This was driven by positive domestic equity markets and robust macroeconomic data. India recorded a GDP growth rate of 7.8% in the April-June period, maintaining its position as the world's fastest-growing major economy.

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