Rupee gains on corporate investments, cheaper global oil prices
The rupee strengthened sharply on Thursday due to corporate investments, a decline in global crude oil prices and as some traders bet on the currency to reverse a recent spell of underperformance, dealers said.
The rupee settled at 82.55 per US dollar on Thursday as against 82.81 at previous close. The rupee depreciated around 10 per cent against the greenback in 2022.
