Rupee reaches one month high against dollar, know why it strengthened

Last month itself, the rupee had reached an all-time low of 80.06 against the dollar. Rupee has a strong trend for some time now

Rupee strengthens against dollar

Image Credit source: file pic

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TV9 Hindi

TV9 Hindi | Edited By: Saurabh Sharma

Aug 02, 2022 | 11:48 am




The rupee is showing a firm trend against the dollar. in early trading on Tuesday rupee against dollar reached the highest level in a month. Rupee is currently trading strongly below the level of 79. Due to the changing economic conditions and strong performance of the stock market, once again the foreign investment has turned towards India, which has strengthened the rupee. On the other hand, the rupee has also benefited from the weakness in the dollar.