Rupee rises 9 paise to 71.02 vs US dollar

DN Bureau

The rupee darted up 9 paise to 71.02 against the US dollar in early trade Thursday amid a reversal in foreign fund outflows even as oil prices hardened.

File Photo
File Photo

Mumbai: The rupee darted up 9 paise to 71.02 against the US dollar in early trade Thursday amid a reversal in foreign fund outflows even as oil prices hardened.

At the Interbank Foreign Exchange (forex) market, the domestic unit opened slightly higher at 71.06 and built on the gains to reach 71.02.  Snapping a four-session downturn, the rupee had appreciated by 23 paise to end at 71.11 against the US dollar Wednesday. 

Also Read: Sensex jumps over 250 pts; metal stocks rally

The dollar index, which gauges the greenback's strength against a basket of six currencies, rose 0.07 per cent to 96.52.

Also Read: Rupee rises 3 paise to 71.31 vs USD

Meanwhile, the benchmark BSE Sensex climbed 19.16 points, or 0.05 per cent, to trade at 35,775.42 in early trade Thursday.(PTI)

(Download the Dynamite News app from here. You can also follow us on Facebook and Twitter.)










Your Opinion

Loading Poll …