Comments
The rupee appreciated 5 paise to 76.15 against the United States (US) dollar in early trade on Monday tracking gains in the domestic equity market and sustained foreign fund inflows.
Forex dealers said a weak US dollar against major currencies overseas also helped the domestic unit.
However, rising crude prices and fresh spike in coronavirus cases restricted the gains.
The rupee opened strong at 76.16 against the US dollar, and inched higher to touch 76.15 against the US dollar, up 5 paise over its previous close.
It had settled at 76.20 against the greenback in the previous session on Friday.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.