Rupee rises 20 paise to close at 95.58 against U.S. dollar
The Indian rupee appreciated by 20 paise, closing at 95.58 against the U.S. dollar on Tuesday. This rise was driven by a significant drop in crude oil prices, which fell by 1.14% to $99.20 per barrel, alongside improved global risk sentiments and optimism for diplomatic talks regarding the U.S.-Iran conflict. Traders will monitor further developments in oil prices and geopolitical tensions.