ZCZC
BCN-24
INDIA-RUPEE-USD
Rupee gains 2 paise to 71.22 vs USD
Mumbai, Feb 22, 2019 (BSS/PTI) – The rupee inched up 2 paise to 71.22
against the US dollar in early trade Friday amid a dip in crude oil prices
and fresh foreign fund inflows.
At the Interbank Foreign Exchange (forex) market, the local unit opened
almost flat at 71.23 and stayed in a narrow range.
The rupee had skidded by 13 paise to close at 71.24 against the US dollar
Thursday. Foreign institutional investors (FIIs) net bought equities worth Rs
55 crore Thursday while domestic institutional investors bought shares to the
tune of Rs 202 crore, provisional data showed.
Brent crude futures, the global oil benchmark, was trading 0.25 per cent
lower at USD 66.90 per barrel.
The dollar index, which gauges the greenback’s strength against a basket of
six currencies, traded flat at 96.60.
Meanwhile, the benchmark BSE Sensex fell 56.40 points, or 0.16 per cent, to
35,841.95 in opening trade Friday.
BSS/PTI/HR/1030