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Snapping its two-day decline, the rupee opened higher at 72.71 against its record closing low of 72.98 Tuesday and touched a session high of 72.34 in day trade as crude oil prices eased globally.
The rupee Wednesday rebounded from its all-time low by rising 28 paise to 72.70 against the US dollar in early trade at the Interbank Foreign Exchange market on fresh selling of the US currency by exporters and banks.
Local unit trades in narrow range, eyes US inflation data and ECB meeting
The rupee fell 8 paise to close at 72.99 (provisional) against the US dollar on Friday, with forex market participants weighing RBI policy measures aimed at mitigating the COVID-19 impact on the econo
The rupee snapped its three-day losing streak and closed 18 paise higher at 72.91 (provisional) against the US dollar on Thursday, supported by positive domestic equities. Market participants remained