Rupee rises 14 paise against US dollar in early trade
In the interbank foreign exchange market, the domestic unit opened at 72.97 against the dollar, and then registered further gains to reach the level of 72.92, showing an increase of 14 paise over the previous close.
The rupee had closed at 73.06 against the US dollar on Thursday.
Meanwhile, the dollar index, reflecting the US dollar’s position against the six major currencies, was down 0.10 per cent at 89.98.
Global oil benchmark Brent crude futures were trading 0.34 per cent lower at $72.27 per barrel.
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