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Abstract:Rupee closed 10 paise higher at 73.15 per dollar, amid volatile trade seen in the domestic equity market.
Rupee closed 10 paise higher at 73.15 per dollar, amid volatile trade seen in the domestic equity market.
The domestic currency unit opened higher by 8 paise at 73.17 against the greenback versus Tuesday's close of 73.25. The local unit traded in the range of 73.10-73.22 on Wednesday.
US dollar saw weakness after two days of gains as it slowly crawls up from heavily oversold territory.
Oil prices rose on Wednesday, with U.S. crude gaining for a seventh day, after an industry report showed a further drop in inventories and investors shrugged off worsening developments in the pandemic. Oil benchmark Brent Crude was selling 0.23% higher at USD 56.71 per barrel.
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