Rupee pares initial losses, settles 3 paise up at 74.26/USD in first trading session of 2022
The Hindu
Rupee started the year on a steady note, supported by stronger regional currencies and domestic equities, says expert
The rupee pared its initial losses and closed on a positive note in the first trading session of 2022 on Monday, tracking positive domestic equities.
At the interbank forex market, the local unit opened at 74.35 against the greenback and witnessed an intra-day high of 74.25 and a low of 74.47.
The domestic unit finally settled at 74.26 (provisional) against the U.S. dollar, registering a gain of 3 paise over its previous close.
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