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The Economic Times
The Economic Times
Business

Rupee closes flat at 94.52 vs USD as oil-led rally faces off against dollar demand; Fed verdict looms

US Federal Reserve United States Oil Kevin Warsh

The Indian rupee ended broadly unchanged against the ​U.S. dollar on Wednesday, coming ​down from a six-week high and giving up almost ​all of the day's gains that were triggered by a crash in oil prices.

The rupee opened higher at 94.4550 and extended gains to 94.2925 per U.S. dollar, its highest ‌level since ⁠May 7.

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