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flag Indian Rupee strengthens against US Dollar, supported by rising foreign exchange reserves.

flag 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. flag This marks seven weeks of consecutive growth in forex reserves, enhancing the Rupee's stability. flag Domestic equity markets also performed well, with the BSE Sensex and Nifty indices rising. flag Foreign institutional investors bought equities worth ₹2,952.33 crore, further bolstering the market. flag However, geopolitical tensions could pose risks to currency stability.

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