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Published on 12/01/2021 2:22:30 PM | Source: Dion Global Solutions Ltd

Rupee widens loss by 7 paise against USD in opening trade

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

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The rupee furthered its loss by 7 paise to trade at 73.38 against the US dollar in opening deals on Friday, reeling under pressure from a rebound in American currency against key rivals and rising crude oil prices. At the interbank foreign exchange market, the Indian unit traded in a small range of 73.35-73.39 in early deals. The rupee had closed 20 paise lower at 73.31 a dollar on Thursday.