Rupee largely steady on elevated risk appetite in domestic markets

New Delhi [India], July 25 (ANI): After touching an all-time low and psychologically crucial level of 80 per US dollar last week, the Indian currency rupee traded largely steady on Monday.

At the time of writing this report, the rupee traded at 79.82, data showed.

An elevated risk appetite in the domestic financial markets and softening of crude oil prices prevented further depreciation in the rupee, said brokerage house