Rupee strengthens 24 paise against dollar

Rupee strengthens 24 paise against dollar
Rupee strengthens 24 paise against dollar
Earlier on Tuesday, the rupee record closed at the level of the dollar against the dollar. It was closed at 74.39 level for the first time on Tuesday.

On the third day of this business week, the rupee has started strong against the dollar. The rupee has gained 24 paise against a dollar on Wednesday. With this increase, the rupee is trading at 74.15 level.

Earlier on Tuesday, the rupee record closed at the level of the dollar against the dollar. It was closed at 74.39 level for the first time on Tuesday. This was the first time that the rupee closed at this level.

So far this year, the rupee has seen a decline of more than 16 per cent. The continuing ever-increasing demand for the dollar is responsible for this decline in the rupee.

Apart from this, the rising prices of crude oil and the emerging challenges facing the emerging economies have led to a fall in the rupee.

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