Key Points
Mumbai, Jan 9 (PTI) The rupee on Tuesday closed marginally up by 1 paisa at 83.13 against the US dollar, advancing its gains for the fifth straight session, tracking positive domestic equities...
Lower crude oil prices in the international market also supported the domestic unit, forex traders said...
At the interbank foreign exchange market, the local unit opened strong at 83.07 and traded between the peak of 83.04 and the lowest level of 83.13 against the greenback during the session...
Jateen Trivedi, VP Research Analyst at LKP Securities, said the weakness in the dollar and a significant decline in crude prices over the last 24 hours contributed to the rupees positive movement...
Meanwhile, the dollar index, which gauges the greenbacks strength against a basket of six currencies, was trading 0.17 per cent higher at 102.10 on Tuesday...
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