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Published on 28/12/2020 11:47:20 AM | Source: Dion Global Solutions Ltd

Rupee rises 4 paise to 73.51 against US dollar in early trade

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

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The rupee appreciated by 4 paise to 73.51 against the US dollar in opening trade on Monday as sustained foreign fund inflows and strong domestic equities strengthened investor sentiment. Traders said the weakness of the American currency in the overseas market also supported the domestic unit. At the interbank forex market, the domestic unit opened at 73.52 against the US dollar, then inched higher to 73.51 against the greenback, registering a rise of 4 paise over its previous close. On Thursday, the rupee had settled at 73.55 against the US dollar.

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