Rupee hits high at 84.97 against dollar, closes at 85.24 on weak crude prices; stability noted amid global factors.

The Indian rupee surged to a high of 84.97 against the US dollar and closed at 85.24, driven by lower crude oil prices. Analysts highlight the rupee's resilience ami

The Indian rupee surged to a high of 84.97 against the US dollar and closed at 85.24, driven by lower crude oil prices. Analysts highlight the rupee's resilience amidst volatile forex reserves and trade protectionism measures impacting the dollar. Market experts anticipate a cautious approach due to the upcoming economic data releases that could sway market sentiments.