Euro Strengthens Against Dollar, Rupee Rises on Weaker Dollar

The Euro strengthened by 0.06% against the dollar, reaching 1.153 dollars, while the Indian Rupee rose by 31 paise. The Rupee's gain was attributed to a weaker dollar, lower oil prices, and continued foreign institutional investor inflows.

3 Aug, 05:09 — 3 Aug, 05:09

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Times of IndiaMostly Factual3h ago

Rupee rises 31 paise on weaker dollar, lower oil prices and continued FII inflows

The Indian rupee strengthened against the US dollar on Monday morning. Falling global crude oil prices and a weaker US dollar supported the rupee's rise. Foreign fund inflows and higher forex reserves also provided additional support. Easing geopolitical concerns after US President Donald Trump delayed strikes on Iran helped markets. The Reserve Bank of India's continued intervention further bolstered the currency's performance.

By SHIVANGHI PAYAL

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First report: Times of India · 3 Aug, 05:09|Full coverage: 2 · 3h|Window: 3h

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Times of India3 Aug, 05:09First to report

Rupee rises 31 paise on weaker dollar, lower oil prices and continued FII inflows

3h later

iefimerida3 Aug, 07:58Latest update

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Euro Strengthens Against Dollar, Rupee Rises on Weaker Dollar

Sources

Rupee rises 31 paise on weaker dollar, lower oil prices and continued FII inflows

Coverage Timeline

Rupee rises 31 paise on weaker dollar, lower oil prices and continued FII inflows

Το ευρώ ενισχύεται 0,06% στα 1,153 δολάρια, σήμερα Δευτέρα 3 Αυγούστου

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