The rupee appreciated 5 paise to 76.15 against the United States (US) dollar in early trade on Monday tracking gains in the domestic equity market and sustained foreign fund inflows.
Forex dealers said a weak US dollar against major currencies overseas also helped the domestic unit.
However, rising crude prices and fresh spike in coronavirus cases restricted the gains.
The rupee opened strong at 76.16 against the US dollar, and inched higher to touch 76.15 against the US dollar, up 5 paise over its previous close.
It had settled at 76.20 against the greenback in the previous session on Friday.
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Published on
June 22, 2020
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