The rupee gained 25 paise to open at 83.84 against the US dollar on Tuesday, recovering from an all-time low of 84.09. This rise follows a rebound in the domestic equity market, despite ongoing global risk aversion and geopolitical tensions in the Middle East. On Monday, the rupee fell sharply as foreign portfolio investors exited the Indian equity market. The dollar index rose to 102.85, and Brent crude traded at USD 77.15 per barrel due to Middle East conflict fears. For investors, this rebound indicates potential stability in the rupee but ongoing market volatility.
Rupee Recovers from All-Time Low, Opens Higher at 83.84
