Rupee traded around 83.13 against the US dollar on Tuesday dragged by elevated crude oil prices and dollar demand from importers.
The dollar index, which gauges the greenback’s strength against a basket of six currencies, was trading 0.25% lower at 103.08.
Analysts expect the domestic currency to appreciate towards 82.40 levels against the US dollar in the quarter ended March 2024.
“As we transition from a relatively stable year for the Indian rupee, the upcoming year is poised to be shaped by general elections in over…
