BusinessPhoto: Deccan HeraldRupee rises 40 paise to 95.38 against US dollar
The Indian rupee strengthened for the third consecutive session, appreciating 40 paise to close at 95.38 against the US dollar. This rise follows RBI measures to reduce spot dollar demand and curb speculative foreign exchange positions. The rupee opened at 95.53, touched a high of 94.96, and closed at 95.38 on Tuesday, gaining 150 paise over three sessions.
Deccan Herald··Mumbai


