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Indian Rupee strengthens against US Dollar, supported by rising foreign exchange reserves.
The Indian Rupee gained 12 paise to 85.29 against the US Dollar on April 28, 2025, supported by a boost in foreign exchange reserves to $686.145 billion.
This marks seven weeks of consecutive growth in forex reserves, enhancing the Rupee's stability.
Domestic equity markets also performed well, with the BSE Sensex and Nifty indices rising.
Foreign institutional investors bought equities worth ₹2,952.33 crore, further bolstering the market.
However, geopolitical tensions could pose risks to currency stability.
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La rupia india se fortalece frente al dólar estadounidense, respaldada por el aumento de las reservas de divisas extranjeras.