Rupee inches 6 paise higher in early trade
The Hindu
Forex traders said the broad weakness of the American currency in the overseas market and sustained foreign fund inflows supported the local unit, while firm crude oil prices restricted the gains.
The Indian rupee inched higher by 6 paise to 73.46 against the US dollar in opening trade on Friday, September 17, 2021, tracking a firm trend in domestic equities.
Forex traders said the broad weakness of the American currency in the overseas market and sustained foreign fund inflows supported the local unit, while firm crude oil prices restricted the gains.
At the interbank foreign exchange, the rupee opened at 73.49 against the dollar, then inched higher to 73.46, up 6 paise over its previous close.
In the electoral battle for the North East Graduates Constituency of the Legislative Council, Congress MLC Chandrashekar Patil retained the seat by bagging 43,484 votes to defeat his nearest rival Amarnath Patil of the Bharatiya Janata Party by a margin of 4,651 votes. Amarnath Patil secured 38,833 votes.