Rupee rises 26 paise to 70.88 against USD in early trade

DN Bureau

The Indian rupee appreciated by 26 paise to 70.88 against the US dollar in early trade on Friday as easing trade tensions between US and China strengthened investor sentiments.

File Photo
File Photo

Mumbai: The Indian rupee appreciated by 26 paise to 70.88 against the US dollar in early trade on Friday as easing trade tensions between US and China strengthened investor sentiments.

Also Read: Stocks markets extend gains on positive global cues, metals rise further 

The domestic unit however could not hold on to the gains and was trading at 70.99 against the dollar at 1001 hrs.

On Thursday, the rupee had settled for the day at 71.14 against the US dollar.

Also Read: Rupee rises 36 paise to 71.30 against USD in early trade

Meanwhile, domestic bourses opened on a cautious note on Friday with benchmark indices Sensex trading 19.29 points lower at 37,084.99 and Nifty down 1.50 points at 10,981.30.(PTI)

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