Rupee inches 2 paise higher to close at 74.22 against U.S. dollar
The Hindu
Traders said the domestic unit is trading in a narrow range as investors are awaiting cues from the key speech from U.S. Federal Reserve Chair Jerome Powell
The rupee eked out a marginal 2 paise gain to close at 74.22 (provisional) against the U.S. dollar on Thursday amid a muted trend in domestic equities. Traders said the domestic unit is trading in a narrow range as investors are awaiting cues from the key speech from U.S. Federal Reserve Chair Jerome Powell on Friday. Moreover, a strong dollar in the overseas markets and rising crude prices weighed on the investor sentiment, forex traders said.
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