Rupee starts 2022 on muted note, falls 14 paise to 74.43 against USD
The Hindu
On the domestic equity market front, the 30-share Sensex was trading 490.38 points or 0.84% higher at 58,744.20, while the broader NSE Nifty advanced 136.35 points or 0.79% to 17,490.40
The rupee started the year 2022 on a muted note as it slipped 14 paise to 74.43 against the U.S. dollar in opening trade on January 3, tracking weak macroeconomic data.
At the interbank foreign exchange, the rupee opened weak at 74.35, then fell further to 74.43 against the greenback, registering a decline of 14 paise from the last close. The local unit also touched an early high of 74.31 against the greenback in initial deals.
The local unit on the last trading day of 2021 had settled at 74.29.
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