Rupee surges 25 paise to close at 75.07 against U.S. dollar
The Hindu
Meanwhile, the dollar index, which measures the greenback's strength against a basket of six currencies, fell 0.19 %.
The rupee appreciated by 25 paise to close at 75.07 (provisional) against the U.S. dollar on Wednesday, amid signs of de-escalation in the conflict between Russia and Ukraine.
At the interbank forex market, the local unit opened at 75.24 against the greenback and witnessed an intra-day high of 74.96 and a low of 75.24. It finally settled at 75.07, a rise of 25 paise over its previous close.
On Tuesday, the rupee had snapped its five-session losing streak and surged 28 paise to close at 75.32.
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