Rupee edges 3 paise higher to close at 74.19 against U.S. dollar
The Hindu
Rupee finally ended at 74.19 against the American currency, registering a rise of 3 paise over its previous close of 74.22
The rupee appreciated by 3 paise to close at 74.19 (provisional) against the U.S. dollar on August 24, supported by a strong rally in the domestic equity market. However, a strong dollar in the overseas markets and rising crude prices weighed on the investor sentiment, Forex traders said. At the interbank Forex market, the local unit opened strong at 74.12 against the greenback and moved in a range of 74.11 to 74.20 in the day trade.
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