Rupee Rises By 7 Paise To 74.66 Against Dollar

Rupee: At the interbank forex market, it opened strong at 74.65 against the greenback and witnessed an intra-day high of 74.51 and a low of 74.73.

The rupee on Tuesday went up 7 paise to close at 74.66 against the US dollar in its second day of gains, mainly on dollar selling by exporters and a rally in Indian equities. It continued to rise against the dollar over upbeat risk sentiments even as investors were cautious ahead of the US Federal Reserve''s meeting ending on Wednesday. At the interbank forex market, the rupee opened strong at 74.65 against the greenback and witnessed an intra-day high of 74.51 and a low of 74.73. It finally ended at 74.66 against the American currency, registering a rise of 7 paise over its previous closing. On Monday, the rupee had settled higher at 74.73 against the American currency.