Fore

Rupee gains for 2nd straight day; settles 12 paise higher at 73.05/USD

PTI Mumbai | Updated on January 20, 2021 Published on January 20, 2021

Rupee gained for the second straight day and closed 12 paise higher at 73.05 (provisional) against the US dollar on Wednesday, supported by a rally in domestic equities and a weak American currency.

At the interbank forex market, the rupee opened at 73.11 and hit an intra-day high of 73.05 and a low of 73.14.

It finally finished at 73.05, higher by 12 paise over its last close.

On Tuesday, the rupee had settled at 73.17 against the American currency.

Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, slipped 0.07 per cent to 90.43.

Follow us on Telegram, Facebook, Twitter, Instagram, YouTube and Linkedin. You can also download our Android App or IOS App.

Published on January 20, 2021
currency trading
rupe
  1. Comments will be moderated by The Hindu Business Line editorial team.
  2. Comments that are abusive, personal, incendiary or irrelevant cannot be published.
  3. Please write complete sentences. Do not type comments in all capital letters, or in all lower case letters, or using abbreviated text. (example: u cannot substitute for you, d is not 'the', n is not 'and').
  4. We may remove hyperlinks within comments.
  5. Please use a genuine email ID and provide your name, to avoid rejection.