Rupee snaps 2-day losing streak, closes up by 10 paise at 74.27 against U.S. dollar
The Hindu
At the interbank forex market, the local unit opened at 74.26 against the greenback and witnessed an intra-day high of 74.07 and a low of 74.39
The rupee snapped its two-day losing streak to settle 10 paise higher at 74.27 (provisional) against the U.S. dollar on Wednesday, following the weakness of the American currency in the overseas market. At the interbank forex market, the local unit opened at 74.26 against the greenback and witnessed an intra-day high of 74.07 and a low of 74.39. It finally ended at 74.27 against the American currency, registering a rise of 10 paise over its previous close. On Tuesday, rupee had settled at 74.37.
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