Rupee pares early losses, settles 6 paise higher at 74.40/USD
The Hindu
The Indian rupee pared early losses to close 6 paise higher at 74.40 against the U.S. dollar on Friday following gains in the domestic equities. At the interbank forex market, the domestic currency wi
The Indian rupee pared early losses to close 6 paise higher at 74.40 against the U.S. dollar on Friday following gains in the domestic equities. At the interbank forex market, the domestic currency witnessed heavy volatility. The local unit opened weak at 74.55 a dollar and touched a low of 74.58 in morning trade. The local unit recovered later and touched a high of 74.37 during the day. It finally closed at 74.40 against the American currency, registering a rise of 6 paise over its previous close. On Thursday, the rupee had settled at 74.46.
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