Rupee surges 18 paise to 72.42 against USD in early trade
PTI
Mumbai |
Updated on
RBI to release reserves data after market hours The Indian rupee strengthened by 18 paise to 72.42 against the US dollar in early trade on Friday tracking positive domestic equities. At the interbank foreign exchange, the domestic unit opened at 72.46 against the dollar, then inched higher to 72.42, registering a gain of 18 paise over its previous close. On Thursday, the rupee had settled at 72.60 against the US dollar. Most Asian currencies have started flat to marginally stronger against the US dollar this Friday, Reliance Securities said in a research note.
Rupee surges 14 paise to 74.59 against USD in early trade
PTI
Mumbai |
Updated on
On Monday, the rupee had settled at 74.73 against USD The Indian rupee appreciated by 14 paise to 74.59 against the US dollar in opening trade on Tuesday, supported by positive domestic equities. At the interbank forex market, the local unit opened at 74.65 against the US dollar and then inched higher to 74.59 against the greenback, registering a rise of 14 paise over its previous close. On Monday, the rupee had settled at 74.73 against the American currency. . the USD-INR Spot pair has consolidated in a narrow range where it is reluctant to cross above 75.00 levels and now could retest 74.65-74.50 levels. Resistance is at 74.85-75.00 levels. The USD-INR spot pair could trade in a range of 74.60-74.90 levels, Reliance Securities said in a research note.
The Indian rupee settled just 1 paisa lower at 72.69 (provisional) against the US dollar on Tuesday amid a muted trend in the domestic equity market. At the interbank forex market, the local unit open