Rupee rises 3 paise to close at 95.33 against U.S. dollar
The Indian rupee rose 3 paise to close at 95.33 against the U.S. dollar on Wednesday. Forex traders noted that Brent crude is nearing $90 per barrel, reflecting risk aversion in global markets. This movement comes as hopes for a swift U.S.-Iran agreement and the reopening of the Strait of Hormuz diminish.