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Rupee gains 4 paise to 81.75 against US dollar
Updated On: 28 April, 2023 09:52 AM IST | Mumbai | PTI
Meanwhile, the dollar index, which gauges the greenback`s strength against a basket of six currencies, rose 0.01 per cent to 101.51. Brent crude futures, the global oil benchmark, advanced 0.27 per cent to USD 78.58 per barrel
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The rupee gained 4 paise to 81.75 against the US dollar in early trade on Friday tracking a weak American currency and foreign fund inflows.
Forex traders said the rupee is trading in a narrow range as the support from crude oil prices below USD 80 a barrel was negated by muted domestic equities.
At the interbank foreign exchange, the domestic unit opened at 81.77 against the dollar and then rose to 81.75, registering a rise of 4 paise over its previous close.
On Thursday, the rupee closed at 81.79 against the US currency.
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