Ru­pee rises 8 paise against dol­lar

The Hindu Business Line - - BANKING - PTI

The In­dian ru­pee re­cu­per­ated by 8 paise on Fri­day to close at 70.82 against the US dol­lar in line with the rally in do­mes­tic stocks and pos­i­tive global cues. At the in­ter­bank forex mar­ket, the ru­pee opened on a firm foot­ing at 70.58 against the US dol­lar and surged fur­ther to touch a high of 70.44 dur­ing the day. The lo­cal unit fi­nally set­tled for the day at 70.82, higher by 8 paise over its pre­vi­ous closing price. On Thurs­day, the ru­pee fell by 44 paise against the dol­lar to close at 70.90. Brent crude, the in­ter­na­tional oil benchmark, was trad­ing 0.52 per cent higher at $60.37 per bar­rel on Fri­day.

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