The rupee strengthened and closed below 76 per dollar on Tuesday, marking gains for the fourth straight session, tracking the broad rally in equities and a general rush into risk assets.
US President Joe Biden will visit a town in Poland that is near the border with Ukraine, the White House said, as he seeks to show Western resolve against Russia's invasion.
The retail price of petrol and diesel increased by 80 paise each in Delhi from 6 am on Monday, marking the first revision since December 1 2021 and PTI reported domestic cooking gas (or LPG) price was hiked by₹50 per cylinder, quoting sources.
Crude oil prices extended their gains, soaring over 2 per cent to near $120 a barrel early on Tuesday after closing more than 7 per cent higher in the previous session, as the potential for more supply disruptions weighed on the market.
The rupee reversed its initial losses to recover entirely and settle flat against the US dollar on Tuesday, during a volatile session tracking oil prices make a U-turn and fall.