Rupee Opens 11 Paise Higher at 81.93 on Weak Dollar PostÂ
The Indian rupee kicked off the trading day positively, strengthening by 11 paise against the US dollar. This upward trend in the local currency occurred despite the relatively hawkish stance expressed by Federal Reserve Chair, Jerome Powell during his testimony to US lawmakers. The rupee commenced trading at 81.93 against the dollar, surpassing the previous…