Rupee below 79 a dollar as softer Fed hike view pulls down greenback
The rupee hit a one-month high on Tuesday, trading below 79 against the dollar as weakness in the greenback globally and a slide in crude oil prices bolstered appetite for emerging market currencies.
At 11.45am IST, the rupee was trading at 78.60 per dollar compared to 79.03 at previous close Monday. READ MORE.
Adani says will use 5G spectrum to support data centres, businesses
Richest Indian Gautam Adani's group on Tuesday said the Rs 212 crore worth of spectrum it has bought in a millimetre wave band will be used