Rupee in green: Currency jumps to 95.20 against US dollar on Middle East peace hopes
The Indian rupee strengthened significantly on Friday, gaining 65 paise to trade at 95.20 against the US dollar. This surge was propelled by a drop in global crude oil prices and positive signals from US President Trump regarding a potential Iran deal. A weaker dollar and buoyant domestic stock markets further bolstered the rupee's recovery.
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