The value of the rupee is rising again..! What is the reason?

The indian Rupee rose by 29 paise to close at Rs 79.45 against the US Dollar today. The continuing increase in foreign investments in the indian stock market, meanwhile, has increased the purchasing power of domestic investors. Also, crude oil prices have continued to increase to boost the value of the rupee.
This has also led to a reduction in inflation. Meanwhile, the value of the rupee is increasing. Meanwhile, the indian rupee opened at Rs 79.32 this morning. Today's high was Rs.79.26 and today's low was Rs.79.48. It finally closed at Rs 79.45. This is an increase of 29 paise from the previous session's close. Today, the Sensex gained 417.92 points or 0.70% to close at 60,260.13 points. The same Nifty gained 119 points or 0.67% to end at 17,944.25 points.Brent crude oil prices fell slightly in the international market. It is also expected to decrease further. Meanwhile, investments in the equity market are also increasing, which has created a positive sentiment among investors. An investment of Rs 22,452 crore has been made in the first two weeks of August.However, it is expected that important decisions on interest rates will be released in the upcoming Federal bank meeting. This may also have an impact on the value of the rupee. This may limit the continued appreciation of the rupee. Thus, the value of the rupee is expected to be between 79.10 - 79.85 rupees in the medium term.

మరింత సమాచారం తెలుసుకోండి: