Rupee gains 20 paise to close at 76.42 against U.S. dollar
The Hindu
The rupee gained as risk appetite rebounded, says expert
The rupee appreciated by 20 paise to close at 76.42 (provisional) against the U.S. dollar on Thursday, supported by positive domestic equities and trends in state election results.
At the interbank forex market, the local unit opened at 76.27 against the greenback and witnessed an intra-day high of 76.07 and a low of 76.46.
The rupee finally finished at 76.42, registering a rise of 20 paise over its previous close.
On Wednesday, the rupee had appreciated 38 paise to close at 76.62 against the U.S. dollar following a retreat in crude oil prices and rebound in domestic equities.
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