Rupee jumps 82 paise to 94.96 against U.S. dollar in early trade
The Indian rupee appreciated 82 paise to 94.96 against the U.S. dollar in early trade on Tuesday. This increase is attributed to measures by the Reserve Bank of India, including a dedicated dollar window for oil marketing companies, aimed at reducing dollar demand. Traders expect these actions to stabilize the currency in the coming sessions.