Comments
The rupee closed flat 72.55 (provisional) against the US dollar on Wednesday as selling pressure in domestic equity markets weighed on investor sentiment.
Losses in the equity markets and a strengthening dollar against major currencies overseas kept the pressure on the rupee, forex traders said.
At the interbank forex market, the local unit opened almost flat at 72.56 against the greenback and witnessed an intra-day high of 72.51 and a low of 72.62.
It finally ended unchanged at 72.55 against the American currency, compared to its previous close.
The dollar index, which gauges the greenback's strength against a basket of six currencies, advanced 0.03 per cent to 91.91.
Comments
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.