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Published on 20/04/2021 12:59:57 PM | Source: Dion Global Solutions ltd

Rupee rises 23 paise to 74.64 against US dollar in early trade

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

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The rupee advanced by 23 paise to 74.64 against the US dollar in opening trade on Tuesday, tracking weaker dollar against key rivals and a positive trend in the domestic equity market. Forex traders said the government"s decision to open COVID vaccination to all above 18 years from May 1 lifted investor sentiment. At the interbank forex market, the local unit opened at 74.65 against the US dollar, then gained some strength to quote at 74.64, a rise of 23 paise over its last close. In the previous session, the rupee had settled at 74.87 against the American currency.