Rupee Gains By 17 Paise To Touch 74.57 Level Against Dollar

Rupee Vs Dollar: Despite some recovery from an all-time low logged in April, the rupee is down 4.74 per cent against the US dollar so far this year.

Rupee Gains By 17 Paise To Touch 74.57 Level Against Dollar

At Tuesday's close, the rupee is off 2.82% a record low of 76.91 registered in April

The rupee appreciated by as much as 17 paise - or 0.23 per cent - to touch the 74.57 mark against the US dollar on Wednesday. The domestic currency moved in a range of eight paise against the dollar, between 74.57 and 74.65, in the first half of the four-hour session, having started the day stronger at 74.57 compared with Tuesday's close of 74.74. It was last seen trading with a gain of 0.12 per cent at 74.65 against the greenback. 

At Tuesday's close, the rupee is off 2.82 per cent a record low of 76.91 registered in April, but is still down 4.74 per cent against the US currency so far this year.