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News Topical, Digital Desk : Rupee Rises Against US Dollar: The Indian rupee strengthened by 19 paise during early trade on Friday. The rupee showed strength amid continued inflow of foreign capital and fall in crude oil prices. The rupee opened at 85.35 per dollar in the Interbank Foreign Exchange market and after that strengthened by 19 rupees to reach 8529.
On Thursday, the rupee closed at 85.48 against the US dollar. Meanwhile, the dollar index, which shows the position of the US dollar against six major currencies, rose 0.16 percent to 99.36.
stock market crash
The decline continued in the Indian stock market on Friday, the last trading day of the week. The BSE Sensex fell 35.68 points to 81,597.34, while the Nifty remained at 24,833.70. International standard Brent crude slipped 0.48% to $ 63.84 per barrel.
Foreign institutional investors were buyers on Thursday and bought shares worth a net Rs 884.03 crore. Market experts say that the decision of the US Federal Court to stay Trump's reciprocal tariff had a short-lived effect. After that, the court lifted the ban on the reciprocal tariff the very next day.
Growth will remain fast even in 2026
Here, the Reserve Bank of India said in its latest report on Thursday that India will remain the world's fastest growing economy even in the financial year 2026. RBI has further said that the Indian economy will remain among the fastest growing major economies in the financial year 2025-26 by taking advantage of its strong economic infrastructure, strong financial sector and sustainable development.
Read More: Metal Stocks: ....so due to this reason the shine of metal stocks faded today, fell by 2%
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