The rupee rose by 11 paise to 64.99 against the US dollar on mild selling of the greenback by exporters and a higher opening in the domestic equity market.
Meanwhile, the dollar gained against most major global currencies as concerns over a global trade war eased after investors saw Trump's proposed tariffs as more of a negotiating tactic than a hard policy proposal.
Investors sentiment was supported by the US non-manufacturing sector growth and improved risk appetite for the dollar, currency traders said.
Meanwhile, the dollar gained against most major global currencies as concerns over a global trade war eased after investors saw Trump's proposed tariffs as more of a negotiating tactic than a hard policy proposal.
Investors sentiment was supported by the US non-manufacturing sector growth and improved risk appetite for the dollar, currency traders said.
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