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Published on 18/12/2020 12:30:52 PM | Source: Dion Global Solutions Ltd

Rupee opens 5 paise higher at 73.54 against US dollar

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

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The rupee appreciated 5 paise to 73.54 against the US dollar in opening trade on Friday as the weakness of the American currency and optimism surrounding the US stimulus aid package supported the domestic unit.

Traders said sustained foreign fund inflows also strengthened investor sentiment.

At the interbank forex market, the domestic unit opened at 73.55 against the greenback, then inched higher and touched 73.54, registering a rise of 5 paise over its previous close.

On Thursday, rupee settled flat at 73.59 against US dollar.

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