Rupee rises 11 paise against US dollar in early trade
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The rupee opened at 82.78 against the dollar at the interbank foreign exchange market, and then registered gains to touch 82.77, up 11 paise from its previous close. The rupee had closed at 82.88 against the US dollar on Wednesday.
Mumbai The rupee appreciated by 11 paise to 82.77 against the American currency in early trade on Thursday amid weakness in the US dollar. The rupee opened at 82.78 against the dollar at the interbank foreign exchange market, and then registered gains to touch 82.77, up 11 paise from its previous close. The rupee had closed at 82.88 against the US dollar on Wednesday.
Meanwhile, the dollar index, which gauges the US dollar’s position against a basket of six major currencies, declined 0.23 per cent to 104.34. Global oil benchmark Brent crude futures were up 0.48 per cent at $80.99 per barrel. According to provisional data of the stock market, foreign institutional investors (FIIs) sold shares worth a net Rs 579.82 crore on Wednesday.
Disclaimer:IndiaTheNews has not edited this news. This news has been published from PTI-language feed.
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