Rupee Bounces Back 23 Paise to 94.95 Amid Oil Price Dip

In a surprising twist, the rupee bounced back, gaining 23 paise to hit 94.95 against the US dollar on Wednesday. This cheerful jump followed a dip in oil prices to $108 per barrel, thanks to Trump's hints of a peace deal with Iran, bringing some much-needed optimism to the forex market.