Rupee surges 22 paise to 73.54 against US dollar in early trade
The rupee strengthened by 22 paise to 73.54 against the US dollar in opening trade on Thursday, as positive domestic equities and weak American currency buoyed investor sentiments. At the interbank forex market, the domestic unit opened at 73.60 against the US dollar, then gained further ground and touched 73.54, registering a rise of 22 paise over its previous close. On Wednesday, the rupee closed at 73.76 against the US dollar. “Asian currencies have started stronger against the US dollar this morning and could lend support,” Reliance Securities said in…
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