Rupee recovers 13 paise to close at 73.61 against U.S. dollar
The Hindu
On Monday, the rupee had dropped by 26 paise to settle at a nearly four-week low of 73.74 against the U.S. dollar.
The rupee on Tuesday rebounded by 13 paise to close at 73.61 (provisional) against the U.S. dollar following a firm trend in domestic equities and losses in the American currency in the overseas market.
At the interbank Forex market, the local unit opened flat at 73.74 against the greenback. During the session, the domestic unit witnessed an intra-day high of 73.58 and finally settled at 73.61.
On Monday, the rupee had dropped by 26 paise to settle at a nearly four-week low of 73.74 against the U.S. dollar.

Insurance penetration and density are often misunderstood and do not reveal how many families are insured or whether they would be financially secure if the main earning member were to die. The real issue is not reach but adequacy, as households may have life insurance but not enough cover to replace lost income, leaving them financially vulnerable.












