BUSINESS

Rupee rises by 20 paise to close at Rs 85.38 against US dollar


In the Forex market, the rupee on Monday appreciated by 20 paise to close at 85 rupees and 38 paise against the US dollar amid weakening of the American currency. The dollar index, which indicates US dollar’s strength against a basket of six other leading currencies, was trading at around 98.75 in intra-day trade.

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