INR vs USD, Aug. 6 -- Indian Rupee appreciated by 15 paise to reach 87.73 against the US dollar in early trading on Wednesday, August 6, supported by a softer dollar.
On Tuesday, rupee slipped back to its record low and closed 22 paise weaker at 87.88 against the US dollar on August 5, as investor sentiment turned risk-averse following renewed tariff threats from US President Donald Trump in response to India's ongoing imports of Russian oil.
According to forex traders, gains in the domestic currency were limited due to an increase in global Brent crude prices and continued outflows from foreign institutional investors (FIIs). They added that markets remained cautious, awaiting clarity on the outcome of the US tariffs.
" Indian Rupee o...
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