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Rupee jumps 50 paise against dollar after RBI eases FPI investment norms
Updated On: 05 June, 2026 04:09 PM IST | Mumbai | IANS
Rupee rose 50 paise to 95.24 against the dollar in intraday trade after the RBI kept the repo rate unchanged at 5.25 per cent and eased investment norms for foreign portfolio investors (FPIs), Non-Resident Indians (NRIs) and Overseas Citizens of India (OCIs)
-1780651798901_d.png "Rupee jumps 50 paise against dollar after RBI eases FPI investment norms")
Rupee rallies after RBI unveils steps to attract foreign investments. Representational Pic
The Indian rupee appreciated sharply against the US dollar on Friday after the Reserve Bank of India eased investment norms for foreign portfolio investors (FPIs) and announced measures aimed at improving capital flows, boosting investor sentiment.
The domestic currency strengthened by 50 paise to 95.24 against the US dollar in intraday trade after opening at 95.72 in the interbank foreign exchange market. The currency had settled at 95.74 against the dollar in the previous session.
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