Rupee gains against dollar on Friday due to weak American currency, but faces volatility and foreign fund outflows.

Mumbai :The rupee snapped its three-day losing streak and settled for the day higher by 70 paise at 85.25 (provisional) ...

The rupee had lost 53 paise over the past three trading sessions, but managed to reverse the trend amid improved global cues.

Forex traders say speculation of an RBI rate cut in the upcoming MPC meeting, fuelled by softening food and energy prices, is ...