Rupee Jumps 5 Paise, Strengthens To 94.35 Against Dollar

The rupee strengthened by 5 paise to settle at 94.35 against the dollar today, supported by falling crude oil prices and limited market impact from US-Iran tensions. The currency traded between 94.15 and 94.92 last week, while a stronger dollar capped gains. Crude oil prices have improved India's import outlook, keeping the rupee's trading range around 94-95.