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Currency Buzz: INR gains amid firm stocks

26-May-2025 | 18:17
The Indian rupee rose for the second straight session buoyed by a positive trend in domestic equity markets and a weak American currency overseas. The rupee jumped 35 paise to close at 85.10 (provisional) against the US dollar on Monday. The inflow of foreign funds and the RBI's announcement of giving a record dividend of Rs 2.69 lakh crore to the government for FY25 added strength to the local currency even as a slight recovery in crude oil prices capped its gain. The benchmark 30-share BSE Sensex rose 455.37 points, or 0.56 percent, to 82,176.45 mirroring firm cues from global marketsm

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