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Rupee jumps to 83.78/$ intraday, a 6-month high

Times of India LogoTimes of India18h ago

Rupee jumps to 83.78/$ intraday, a 6-month high - Times of India

Quick Summary:

India Business News: MUMBAI: The rupee briefly touched a six-month high on Friday, climbing to 83.78 against the dollar in early trade, before retreating following probabl.

Dealers said that the dollar came under pressure as hopes of a rate cut in the US are dimming because of tariff-fuelled inflation fears.

Reserves rose by $2 billion during the week, and by $47.5 billion cumulatively over the previous seven weeks.

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Rupee jumps to 83.78/$ intraday, a 6-month high - Times of India (Picture 1)

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Article Details

Author / Journalist: TNN

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-03 @ 06:23:18 (18 hours ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 491 words

Reading Time: 3 minutes read

Sentences: 23 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 28325659

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About Times of India

Times of India Logo

Main Topics: EconomyBusiness

Official Website: timesofindia.indiatimes.com

Update Frequency: 29 posts per day

Year Established: 1838

Headquarters: India

News Last Updated: 1 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #28

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