Rupee rises 17 paise to 71.67 against USD in early trade

DN Bureau

The Indian rupee appreciated by 17 paise to 71.67 against the US dollar in early trade on Friday as gains in domestic equity market and resumption of US-China trade talks in October strengthened investor sentiments.

File Photo
File Photo

Mumbai: The Indian rupee appreciated by 17 paise to 71.67 against the US dollar in early trade on Friday as gains in domestic equity market and resumption of US-China trade talks in October strengthened investor sentiments.

Also Read: Rupee gains 12 paise against dollar in early trade 

At the interbank foreign exchange the rupee opened at 71.87, then gained further ground and touched a high of 71.67, registering a rise of 17 paise over its previous close.

On Thursday, rupee had settled for the day with gains of 28 paise at 71.84 against the US dollar.

Domestic bourses opened on a positive note on Friday with benchmark indices Sensex trading 153.43 points higher at 36,797.85 and Nifty up 44.20 points at 10,892.10.

Also Read: Sensex plunges over 400 pts; financial, auto stocks sink 

Brent crude futures, the global oil benchmark, rose 0.25 per cent to trade at USD 61.10 per barrel. The 10-year government bond yield was at 6.59 per cent in morning trade.(PTI)

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