India, Sept. 16 -- The rupee climbed 8 paise to close at 88.08 (provisional) against the US dollar on Tuesday, supported by positive domestic market sentiment and a weaker greenback ahead of the US Federal Reserve's policy meeting.
Forex traders attributed the rupee's strength to optimism surrounding US–India trade talks aimed at resolving issues stemming from steep Trump-era tariffs, as well as disappointing US economic data.
At the interbank foreign exchange, the rupee opened at 88.05, touched an intraday low of 88.16 and a high of 88.01, before settling at 88.08 (provisional), marking an 8 paise gain over its previous close.
Published by HT Digital Content Services with permission from Dion Global Solutions Limited....