Rupee rises 6 paise to 73.02 against US dollar in early trade

Rupee rises 6 paise to 73.02 against US dollar in early trade

PTIUpdated: Thursday, September 02, 2021, 10:59 AM IST
article-image
On Wednesday, the rupee had settled at 74.24 against the US dollar. |

The Indian rupee appreciated 6 paise to 73.02 against the US dollar in opening trade on Thursday, tracking a positive trend in domestic equities and sustained foreign fund inflows.

At the interbank foreign exchange, the rupee opened at 73.04 against the dollar, then surged higher to 73.02, up 6 paise over its previous close.

In initial deals, the local unit also touched a low of 73.10 against the American currency.

On Wednesday, the rupee had settled at 73.08 against the US dollar.

Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was up 0.08 per cent at 92.52.

Foreign institutional investors were net buyers in the capital market on Wednesday as they purchased shares worth Rs 666.66 crore, as per exchange data.

On the domestic equity market front, BSE Sensex was trading 143.94 points or 0.25 per cent higher at 57,482.15, while the broader NSE Nifty advanced 40.30 points or 0.24 per cent to 17,116.55.

Meanwhile, global oil benchmark Brent crude futures fell 0.27 per cent to $71.40 per barrel

RECENT STORIES

'Union Budget 2026-27 To Serve As Foundation For Viksit Bharat,' Says BJP; Congress Calls For...
'Union Budget 2026-27 To Serve As Foundation For Viksit Bharat,' Says BJP; Congress Calls For...
Union Budget 2026 Live Updates: Nirmala Sitharaman Gets 'Scoop Of Good Luck' From President Murmu
Union Budget 2026 Live Updates: Nirmala Sitharaman Gets 'Scoop Of Good Luck' From President Murmu
India-Venezuela Oil Deal ‘Already Done’, Trump Claims Shift Away From Iranian Crude
India-Venezuela Oil Deal ‘Already Done’, Trump Claims Shift Away From Iranian Crude
Commercial LPG Price Increased By ₹49; Domestic Cylinder Rates Remain Unchanged
Commercial LPG Price Increased By ₹49; Domestic Cylinder Rates Remain Unchanged
Gross GST Collections Rise 6.2% To Over ₹1.93 Lakh Crore In January
Gross GST Collections Rise 6.2% To Over ₹1.93 Lakh Crore In January