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Domestic unit has shed over 9% versus the greenback so far in 2022; latest weakness came despite softer dollar index and strength in Asian currencies, led by a firm Chinese yuan
Fall in US dollar index seen providing revaluation boost to RBI reserves
Indian currency at 1-month high on FPI flows, weak dollar
Due to global risk aversion on the back of geo-political tensions and aggressive policy tightening by the Fed, the dollar has appreciated against most currencies, including the rupee
Crude oil prices jumped on Monday as US President Joe Biden's talks with West Asian countries failed to culminate in an agreement to increase output
Siyaram Silk Mills jumped 6 per cent to hit a fresh 52-week high of Rs 344 on the BSE
Rupa & Co and Zodiac Clothing too hit their respective 52-week highs on NSE in intra-day trade.