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Published on 12/01/2021 5:56:22 PM | Source: Dion Global Solutions Ltd

Rupee recovers losses, settles 15 paise higher at 73.25 against US dollar

Posted in Currency News| #Rupee #US dollar #Currency News

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The rupee recouped early losses and provisionally closed 15 paise higher at 73.25 against the US dollar on Tuesday, supported by weakness in the dollar index and recovery in domestic equities. At the interbank forex market, the rupee opened weak at 73.42, but recovered lost ground and finished 15 paise higher over its last close. During the trading session, the domestic unit witnessed an intra-day high of 73.24 and a low of 73.44. On Monday, the rupee had closed at 73.40 against the American currency.