Rupee edges 2 paise higher at 73.06 against U.S. dollar

The local unit opened at 73.04 against the greenback and witnessed an intra-day high of 72.96 and a low of 73.13.

September 02, 2021 04:30 pm | Updated 04:30 pm IST - Mumbai

On Wednesday, the rupee had settled at 73.08 against the U.S. dollar. File.

On Wednesday, the rupee had settled at 73.08 against the U.S. dollar. File.

The Indian rupee settled with a marginal gain of 2 paise at 73.06 (provisional) against the U.S. dollar on Thursday despite a sustained rally in domestic equities.

At the interbank Forex market, the local unit opened at 73.04 against the greenback and witnessed an intra-day high of 72.96 and a low of 73.13.

It finally ended at 73.06 against the American currency, registering a gain of just 2 paise over its previous close.

On Wednesday, the rupee had settled at 73.08 against the U.S. dollar.

On the domestic equity market front, the BSE Sensex ended 514.33 points or 0.90% higher at a lifetime high of 57,852.54, while the broader NSE Nifty advanced 156.90 points or 0.92% to close at record 17,233.15.

Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.06% to 92.39.

Brent crude futures, the global oil benchmark, rose 0.32% to $71.82 per barrel.

Foreign institutional investors were net buyers in the capital market on Wednesday as they purchased shares worth ₹666.66 crore, as per exchange data.

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.