Rupee opens 2 paise lower at 94.35 against US dollar (opens original article in a new tab)

The Indian rupee opened 2 paise higher at 94.35 against the US dollar on 19 June, supported by improved domestic flows, strong debt market inflows, and lower crude oil prices despite a stronger dollar due to the US Federal Reserve's hawkish stance.

• Rupee opened 2 paise higher at 94.35 against US dollar on 19 June
• Improved domestic flows and sentiment cushioned stronger dollar due to Fed's hawkish stance
• Strong inflows into debt markets and lower crude oil prices supported rupee resilience
• Balanced participation from importers and exporters improved forex market dynamics