Rupee rises 8 paise to 72.97 against US dollar in early trade
The Indian rupee inched higher by 8 paise to 72.97 against the US dollar in early trade on Wednesday amid a muted trend in the domestic equity market. At the interbank foreign exchange, the domestic unit opened on a flat note at 73.02 against the dollar, then inched higher and touched 72.97, registering a rise of 8 paise over its previous close. On Tuesday, the rupee had closed at 73.05 against the US dollar. “Markets would look to cues from the equity markets in the intra-day session, while the weakness…
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