The Indian rupee surged 25 paise against US Dollar on Monday on the selling of US Dollar by bankers and exporters. The US dollar index has dropped to 92.17, down 0.06%.
At the interbank forex market, the domestic unit opened at 73.94 against the US dollar, then gained further ground and touched 73.95, registering a rise of 24 paise over its previous close.
The rupee closed the higher second day on Friday at 74.08 per US dollar, gaining 28 paise.
Meanwhile, the stock market across the globe boosted today after the US choose Democrat Joe Biden as its 46th president.
In another key data, the US Labor Department reported Friday that nonfarm payrolls increased by 638,000 and the unemployment rate was at 6.9% in October.
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