Rupee inches 3 paise higher to 73.03 against US dollar in early trade
The Hindu
On Thursday, the rupee had settled at 73.06 against the US dollar.
The Indian rupee inched higher by 2 paise to 73.03 against the US dollar in opening trade on Friday, despite a sustained rally in domestic equities. Forex traders said the local unit is trading in a narrow range as strengthening crude oil prices and dollar demand is offsetting the impact of upbeat domestic equities. At the interbank foreign exchange, the rupee opened at 73.05 against the dollar, then surged higher to 73.03, up 3 paise over its previous close.
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