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Indian Rupee gains against U.S. dollar, influenced by domestic equities and forex predictions.
The Indian Rupee (INR) gained 25 paise to 86.80 against the U.S. dollar on Monday, boosted by rising domestic equities and strong Asian currencies.
Forex traders predict further gains, influenced by expectations of a dovish Federal Reserve that weakens the U.S. dollar.
However, the rupee's future will depend on global risk sentiment and oil prices.
It previously rose 17 paise to 87.05 on Thursday, with markets closed on Friday for the Holi festival.
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La rupia india gana contra el dólar estadounidense, influenciada por las acciones domésticas y las predicciones de divisas.