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Rupee opens 10 paise higher at 94.46 against US dollar (opens original article in a new tab)

TL;DR

The Indian rupee opened 10 paise higher at 94.46 against the US dollar, supported by falling crude oil prices, but gains may be limited due to Asian currency weakness and upcoming US Federal Reserve decisions.

  • Rupee opens 10 paise higher at 94.46 against US dollar
  • Crude oil prices fell nearly 5% on Tuesday, below $80 per barrel
  • Asian currencies weakened ahead of US Federal Reserve's policy decision
  • Rupee's gains may be limited due to geopolitical uncertainties and resistance levels

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