Rupee gains 14 paise to 74.44 against U.S. dollar in early trade
The Hindu
On July 12, the rupee had settled at 74.58 against the U.S. dollar.
The Indian rupee strengthened by 14 paise to 74.44 against the U.S. dollar in early trade on July 13, tracking a firm trend in the domestic equity market . At the interbank foreign exchange, the domestic unit opened at 74.49 against the dollar, then inched higher to 74.44, registering a gain of 14 paise over its previous close. On July 12, the rupee had settled at 74.58 against the U.S. dollar.The election authorities are gearing up for the counting of votes cast in the simultaneous elections to Lok Sabha and Assembly seats in Andhra Pradesh, scheduled to be held on June 4. The Collectors and Election Officers of Visakhapatnam, Anakapalli and Alluri Sitharama Raju (ASR) districts said on May 23 (Thursday) that their teams were ready for the counting of votes.
Responding to the prolonged water scarcity, the residents of the area took to the streets in protest on Wednesday. The protest, which drew attention to their plight, stopped only after the intervention of the police. It was not until 1.30 p.m. that a 4000-litre tanker was finally delivered by BWSSB, providing relief to the water-starved residents.