Mumbai:
The rupee strengthened by 33 paise to 73.33 in opposition to the US greenback in opening commerce on Friday as weak spot within the American forex abroad and constructive home equities buoyed traders’ sentiment. On the interbank foreign exchange market, the rupee opened at 73.47 in opposition to the US greenback, and gained additional to 73.33, registering an increase of 33 paise over its earlier shut.
On Thursday, the rupee had depreciated by 14 paise to finish at 73.66 in opposition to the US greenback.
The greenback index, which gauges the dollar’s energy in opposition to a basket of six currencies, fell 0.07 per cent to 92.90.
International institutional traders had been web sellers within the capital market as they offloaded shares value Rs 249.82 crore on a web foundation on Thursday, in keeping with alternate knowledge.
Brent crude futures, the worldwide oil benchmark, rose 0.55 per cent to $43.54 per barrel.
