Rupee gains 22 paise to end at 74.91 against U.S. dollar
The Hindu
Dollar index declined 0.03% to 95.96
The rupee gained 22 paise to close at 74.91 (provisional) against the U.S. dollar on Wednesday as positive domestic equities and a weak American currency in the overseas markets boosted investor sentiment.
At the interbank forex market, the domestic unit opened at 74.96 against the greenback and witnessed an intra-day high of 74.79 and a low of 75.02 during the day's trade. It finally ended at 74.91 a dollar.
On Tuesday, the rupee dropped by 6 paise to 75.13 against the U.S. dollar amid concerns over the fresh impact of the on the economy.
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