Rupee rises 35 paise to settle at 85.10 against US dollar
Mumbai, May 26 (PTI) Rising for the second straight session, the rupee jumped 35 paise to close at 85.10 (provisional) against the US dollar on Monday, buoyed by a positive trend in domestic equity markets and a weak American currency overseas. According to forex traders, the inflow of foreign funds and the RBI’s announcement of giving a record dividend of Rs 2.69 lakh crore to the government for FY25 added strength to the local currency even as a slight recovery in crude oil prices capped its gain. At the interbank foreign exchange market, the rupee opened at 85.02 and moved