Rupee weakens 5 paise to 74 74 a USD nagalandpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nagalandpost.com Daily Mail and Mail on Sunday newspapers.
The rupee recovered from initial losses to settle higher by 13 paise at 71.71 against the US currency on Tuesday, propped up softening crude oil prices and gains in domestic equity markets.
The rupee appreciated by 12 paise to settle at 70.90 against the US dollar on Friday on the back of firm domestic equities and easing crude oil prices.
The Indian rupee depreciated to a five-month low on Wednesday amid strengthening US dollar as well as rising crude oil prices.Accordingly, the rupee ended at Rs 74.98 per US dollar on Wednesday.Experts said that USD-INR (Spot) pair is expected .