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<ul><li>Today, the rupee appreciated by 23 paise to close at 79.02</li><li>The rupee touched a high of 79.00 and a low of 79.22 before ending at 79.02.</li><li>This is leading to the short-term relief in the major and emerging market currencies to recover their previous losses against the USD, said <keyword id="14610883" type="General" weightage="80" keywordseo="amit-pabari" source="Orion">Amit Pabari</keyword>, Managing Director, CR Forex.</li></ul> The rupee appreciated by 23 paise to close at 79.02 (provisional) against US dollars on firm domestic equities, amid foreign investors' inflows. At the interbank foreign exchange market, the Indian currency ended at 79.02, as against 79.25 closed on the previous trading session. The rupee has touched a high of 79.00 and low of 79.22 before ending at 79.02. "USDINR spot closed 23 paise lower at 79.02, thanks to FPI flows turning positive and some carry trade interest. Improvement in forward premium has brought exporters into the market. At the same time, softness in USD overseas, improved growth outlook in India, and uptick in forward premium has attracted carry traders into the market, who go long rupee and short USD," said Anindya Banerjee, VP, Currency Derivatives &amp; Interest Rate Derivatives at Kotak Securities Ltd. The dollar index, which measures the dollar's strength against the basket of 6 currencies, was down 0.52 per cent at 105.34. Inflows of foreign investors in domestic equities also remained major factor in the rise local currency. Foreign investors turned buyers in July nearly after 10 months, with an investment of around Rs 4,980 crore in the Indian equity markets. This comes heavy sell-off by these entities of around Rs 50,203 crore. According to the NSDL data, investment of foreign investors in July month stood at Rs 4,989 crore, as compared to over Rs 50,000 crore outflows in June, Rs 39,993 crore in May, and Rs 17,144 crore in April. "Despite of the no major change in fundamental factors for rupee, there is change in the global sentiments for the demand of US dollar. Post the Federal Reserve policy meeting, we have seen dollar bulls cooled down after the Fed highlighted that it could move a bit slow in hiking interest rates going forward. This is leading to the short term relief in to the major and emerging market currencies to recover their previous losses against USD," said Amit Pabari, Managing Director, CR Forex. Although, the trend in the USD is yet to be determined with the data releases and the risk sentiments improving and the outlook for other currencies such as euro and pound, markets needs a lot more convincing statement to keep demand for US dollar compressed for a longer period of time, he added. "Over the near term, bias remains downward. We expect a broad range of 78.70 and 79.40 on spot," Banerjee said. SEE ALSO: <a href="https://www.businessinsider.in/tech/news/amazon-great-freedom-festival-date-announced-sale-starts-august-6-onwards/articleshow/93268050.cms">Amazon Great Freedom Festival date announced - sale starts August 6 onwards</a> <a href="https://www.businessinsider.in/sports/news/commonwealth-games-medals-tally-at-2022-birmingham-games/slidelist/93274345.cms">Commonwealth Games 2022: India has won 3 gold medals so far, check out all the details here.</a>

Indian currency gains 23 paise to end at 79.02 against US dollar

<ul class="summary-list"><li>Danny Masterson was found guilty of rape and sentenced to 30 years to life in prison on Thursday.</li><li>"That 70s Show" fans now say Masterson's conviction vindicates his former costar Topher Grace.</li></ul>After the conclusion of <a href="https://www.insider.com/danny-masterson-sentenced-30-years-prison-that-70s-show-2023-9">Danny Masterson's rape trial</a> and his sentencing, fans of "That 70s Show" say the guilty verdict vindicates his former costar Topher Grace from rumors he was too "stuck up" to hang out with his cast mates. For years, <a href="https://twitter.com/shahartley/status/1700331267286331561" target="_blank" rel="noopener">rumors swirled</a> around why Grace didn't appear to be close with the rest of the cast, which included Ashton Kutcher, Mila Kunis, Laura Prepon, and Wilmer Valderrama, in addition to Masterson.Grace also departed the show early, a year before the Fox sitcom ended. The actor, who played Eric Forman on the show, returned for a brief cameo in the finale. Speculation about Grace's tenure on the show resurfaced after Masterson, who played Hyde on the show, was sentenced to 30 years to life on Thursday. At least three women — all former Scientologists — accused Masterson of rape between 2001 and 2003. The women said that Masterson used his position in the Church of Scientology to silence their accusations.Grace is now trending on X, formerly known as Twitter. Fans say the case against Masterson absolved Grace from rumors the lead actor thought he was too good for the sitcom. "Topher Grace said I can't stand none of you weirdos and left that 70s show behind him and he was so real for that," one fan <a href="https://twitter.com/Zora_thee_pony/status/1700176427520315558" target="_blank" rel="noopener">wrote in a post</a> that had more than 43,000 likes at the time of writing. "Today I learned that 'didn't get along with their costars' is another one like, 'difficult to work with' in that it's reserved for people who don't cosign Hollywood toxicity," <a href="https://twitter.com/fractalfay/status/1700388062797398445" target="_blank" rel="noopener">another wrote</a>. "Topher Grace is sleeping good tonight.""Finding out Topher Grace was always given shit for not wanting to hang out with the rest of the cast outside of filming is kind of assuring to me that he might actually be a relatively decent person lol," one commentator wrote <a href="https://twitter.com/fleMitchfilm/status/1700215935502561671" target="_blank" rel="noopener">in another post</a>, which had more than 35,000 likes at the time of writing. Responding to the post, <a href="https://twitter.com/fleMitchfilm/status/1700222308323835996" target="_blank" rel="noopener">another wrote</a> that they'd seen discussions on how Grace was portrayed as "pretentious" and "boring" because he didn't party with his castmates. Grace has not publicly commented on Masterson's sentencing, and his representatives did not immediately respond to a request for comment. However, his wife, Ashley Hinshaw, posted <a href="https://www.instagram.com/ashley_hinshaw/" target="_blank" rel="noopener">an Instagram</a> story on Friday that appeared to reference the news of Masterson's sentence."To every rape victim that is retraumatized by witnessing society debate and focus their attention on what is going to happen to the RAPIST... I see you," she wrote. <div type="image" title="Topher Grace's wife Ashley Hinshaw's Instagram story in support of victims of rape." height="2072" width="1154" msid="103539207" hostid="261" sizebytes="350750"></div>Grace's silence comes in contrast to his fellow "That '70s Show" costars Kunis and Kutcher, who wrote individual <a href="https://www.insider.com/ashton-kutcher-mila-kunis-support-letters-danny-masterson-rape-2023-9">letters of support of Masterson</a>, legal affairs journalist Meghann Cuniff <a href="https://www.legalaffairsandtrials.com/p/ashton-kutcher-and-mila-kunis-wrote?utm_source=post-email-title&amp;publication_id=1306850&amp;post_id=136852853&amp;isFreemail=true&amp;r=yzhw0&amp;utm_medium=email" target="_blank" rel="nofollow noopener">first reported.</a>Kutcher and Kunis, who are married, wrote letters praising Masterson's character and asking Los Angeles Superior Court Judge Charlaine F. Olmedo for leniency when sentencing him. In his letter, obtained by Cuniff, Kutcher identified himself as an actor, investor, philanthropist, and "most importantly a father" as he wrote admiringly of Masterson's relationship with his 9-year-old daughter, whom he shares with his wife, Bijou Phillips."We've traveled around the world together, raised our daughters together and shared countless family moments," Kutcher wrote, adding that Masterson is an "excellent role model."Kunis also remarked on Masterson's family values, saying his role as a husband and father to his daughter and wife has been "nothing short of extraordinary."Other prominent figures who wrote letters of support for Masterson included actor and fellow Scientologist <a href="https://twitter.com/meghanncuniff/status/1700228846052913460" target="_blank" rel="nofollow noopener">Giovanni Ribisi</a>; actor <a href="https://twitter.com/meghanncuniff/status/1700247191032623437" target="_blank" rel="nofollow noopener">Billy Baldwin</a>, who is married to Masterson's wife's half-sister; and actors Debra Jo Rupp and Kurtwood Smith, who played Kitty and Red Foreman on "That 70s Show," Cuniff reported.

'That 70s Show' fans say Danny Masterson's rape conviction vindicates Topher Grace from rumors he was too 'pretentious' to hang with the cast

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Indian currency gains 23 paise to end at 79.02 against US dollar

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'That 70s Show' fans say Danny Masterson's rape conviction vindicates Topher Grace from rumors he was too 'pretentious' to hang with the cast

Maria Noyen

Peter Diamandis explains how he's working toward a future where humans can freely explore space and live forever

Richard Feloni,Anna Mazarakis

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