Rupee slips 6 paise to 76.25 against U.S. dollar
The Hindu
On Wednesday, the rupee had dipped 4 paise to close at 76.19 against the U.S. dollar
The rupee declined 6 paise to close at 76.25 (provisional) against the U.S. dollar on April 18, tracking the strength of the greenback overseas and elevated crude oil prices.
At the interbank foreign exchange market, the rupee opened lower at 76.41 against the American currency, and finally settled for the day at 76.25, down 6 paise over its previous close.
During the trading session, the rupee witnessed an intra-day high of 76.20 and a low of 76.43.
On Wednesday, the rupee had dipped 4 paise to close at 76.19 against the U.S. dollar.
The Forex market was closed on Thursday for Mahavir Jayanti and Dr. Babasaheb Ambedkar Jayanti and on Friday on account of Good Friday.
Meanwhile, the dollar index, which gauges the greenback’s strength against a basket of six currencies, was trading 0.20% higher at 100.70.
Global oil benchmark Brent crude futures fell 0.18% to $111.50 per barrel.