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The rupee slipped from the day's highest level but managed to eke out a marginal gain of 3 paise at 72.46 (provisional) against the US dollar on Tuesday, tracking muted domestic equities and stron
The rupee gained 16 paise to settle at 72.49 (provisional) against the US dollar on Monday supported by sustained foreign fund inflows and expectation of improved macro-economic data.At the interbank
Banking on trust - istock.com/× The rupee started the week on a marginally positive note, opening at 72.58 against the dollar to the previous close at 72.65 levels. This opening level being the day’s low and the key resistance at 72.60 turning into a key support, the currency began to gain momentum and continued to rally, breaching a vital resistance at 72.40 levels. The rupee is trading in the range of 72.58 and 72.33 for the session with a positive bias. A further rally above 72.30 can take the currency higher to 72.15 and then to 72.00 levels in the ensuing trading sessions. On th...
The dollar index declined 0.01 % to 90.42.
The domestic unit opened at 72.89 against the US dollar, then inched higher to 72.88