Rupee gains 5 paise to end at 75.54 against U.S. dollar
The Hindu
Lower crude prices in the international market and a subdued dollar overseas supported Indian rupee
In a range-bound session, the rupee appreciated by 5 paise to close at 75.54 (provisional) against the U.S. dollar on Wednesday as a firm trend in domestic equities boosted investor sentiments.
Besides, lower crude prices in the international market and a subdued dollar overseas also supported the local unit, forex dealers said.
The rupee resumed higher at 75.56 per dollar against the previous close of 75.59 at the interbank foreign exchange market and hovered in a range of 75.48 to 75.65 before settling at 75.54, registering a rise of 5 paise.
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