Currency Market News: After three-day losing streak, rupee jumps 70 paise to 85.25 vs US dollar
After three consecutive sessions of losses, the rupee bounced back sharply on Friday, appreciating by 70 paise to settle at 85.25 (provisional) against the US dollar. The recovery was fuelled by a drop in the dollar index and a strong rally in domestic equities, reflecting renewed investor interest in riskier assets. Forex traders pointed to…
