At the interbank forex market, the domestic unit opened at 73.47 against the U.S. Dollar, then gained further ground and touched 73.33, registering a rise of 33 paise over its previous close.
The rupee strengthened by 33 paise to 73.33 against the U.S. Dollar in opening trade on Friday as weak American currency and positive domestic equities buoyed investor sentiment. At the interbank forex market, the domestic unit opened at 73.47 against the U.S. Dollar, then gained further ground and touched 73.33, registering a rise of 33 paise over its previous close. On Thursday, rupee depreciated by 14 paise to end at 73.66 against the U.S. Dollar. The dollar index, which gauges the greenback’s strength against a basket of six currencies, fell 0.07 per cent to 92.90. On the domestic equity market front, the 30-share BSE benchmark Sensex was trading 97.81 points higher at 39,077.66, and the broader NSE Nifty advanced 41.30 points to 39,077.66. Foreign institutional investors were net sellers in the capital market as they offloaded shares worth ₹249.82 crore on a net basis on Thursday, according to exchange data.Brent crude futures, the global oil benchmark, rose 0.55 per cent to USD 43.54 per barrel.
You have reached your limit for free articles this month.
To get full access, please subscribe.
Already have an account ? Sign in
Show Less Plan
Subscription Benefits Include
Today’s Paper
Find mobile-friendly version of articles from the day’s newspaper in one easy-to-read list.
Faster pages
Move smoothly between articles as our pages load instantly.
Unlimited Access
Enjoy reading as many articles as you wish without any limitations.
Dashboard
A one-stop-shop for seeing the latest updates, and managing your preferences.
Personalised recommendations
A select list of articles that match your interests and tastes.
Briefing
We brief you on the latest and most important developments, three times a day.
*Our Digital Subscription plans do not currently include the e-paper ,crossword, iPhone, iPad mobile applications and print. Our plans enhance your reading experience.
A letter from the Editor
Dear subscriber,Thank you!Your support for our journalism is invaluable. It’s a support for truth and fairness in journalism. It has helped us keep apace with events and happenings.The Hindu has always stood for journalism that is in the public interest. At this difficult time, it becomes even more important that we have access to information that has a bearing on our health and well-being, our lives, and livelihoods. As a subscriber, you are not only a beneficiary of our work but also its enabler.We also reiterate here the promise that our team of reporters, copy editors, fact-checkers, designers, and photographers will deliver quality journalism that stays away from vested interest and political propaganda.Suresh Nambath
