Rupee Gains 11 Paise to 95.17 Against Dollar as Fed Holds Rates Steady
The rupee opened firmer on Wednesday, rising 11 paise to 95.17 against the U.S. dollar in early trade after the Federal Reserve left interest rates unchanged at 3.75%โ4.00%, a move that traders said tilted sentiment mildly against the greenback. Forex dealers said the reaction was modest but supportive for the Indian currency, even as broader dollar demand and domestic market cues continued to shape trading.
