Rupee gains 11 paise to 74.31 against U.S. dollar in early trade
The Hindu
Forex traders said growing concerns over the Omicron variant as well as firm crude oil prices weighed on the local unit and contained the appreciating bias
The rupee appreciated by 11 paise to 74.31 against the U.S. dollar in opening trade on January 7, tracking gains in domestic equity markets.
At the interbank foreign exchange, the rupee opened up at 74.41 against the American dollar, then inched higher to 74.31, registering a rise of 11 paise from the last close.
In the previous session, the rupee settled at 74.42 against the U.S. dollar.
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