In global currency market, Indian rupee opens flat
In global currency market, Indian rupee opens flat
In global currency market, Indian rupee opens flat


NEW DELHI, 11 October (H.S.):Good news comes from global forex market as Indian rupee opened flat at

83.96 per dollar on Friday versus Thursday's close of 83.97. Despite a

challenging global backdrop, including heightened US inflation rates and

ongoing geopolitical tensions, the Indian rupee is showing resilience.

The Reserve Bank of India's strategic management is evident as it keeps the

currency from breaching the critical 84 level, balancing pressures from weaker

Asian currencies and fluctuating oil prices. Meanwhile, the US Federal

Reserve's indecision on interest rate

changes add to the global economic uncertainty, yet India’s currency has

remained stable with significant foreign outflows from equities having minimal

impact.

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Hindusthan Samachar / Nimish kumar


 rajesh pande