Indian Rupee up by 5 paise against USD
Mumbai/UNI: The Rupee on Tuesday rose by five paise to 71.27 against USD on renewed selling of US Dollars by bankers and exporters, dealers at the Forex Market said.
In opening trade, the local unit moved up by 8 paise to 71.24.
Finally, it closed at 71.27, gaining by 5 paise as compared to its last close.
The domestic unit registered day high and low at 71.32 and 71.19 respectively.
The Indian currency advanced because of weak dollar against other world currencies along with rebonunding equity market, they added.
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
Support objective journalism for a small contribution.
