Rupee in green: Currency jumps to 95.20 against US dollar on Middle East peace hopes

Jun 12, 2026 - 12:30
Rupee in green: Currency jumps to 95.20 against US dollar on Middle East peace hopes

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The Indian rupee strengthened significantly on Friday, gaining 65 paise to trade at 95.20 against the US dollar. This surge was propelled by a drop in global crude oil prices and positive signals from US President Trump regarding a potential Iran deal. A weaker dollar and buoyant domestic stock markets further bolstered the rupee's recovery.

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