Indian Rupee Hits Six-Month High Amid Foreign Inflows
The Indian rupee reached a six-month high, closing at 93.89 against the U.S. dollar after gaining 52 points. This rise is attributed to the return of foreign inflows and investors shifting away from AI-heavy markets. Additionally, a sharp decline in oil prices has eased concerns over India's import bill, supporting the rupee's strength.
The Times of India·


