Rupee inches 9 paise higher to 72.70 against US dollar in early trade
The Indian rupee inched 9 paise higher to 72.20 against the US dollar on Monday, tracking the weakness of the American currency in the overseas market, amid a lacklustre trend in the domestic equity market. At the interbank forex market, the local unit opened at 72.71 against the US dollar, then inched higher to 72.70 against the greenback, registering a rise of 9 paise over its previous close. On Friday, the rupee had settled at 72.79 against the American currency. Meanwhile, the dollar index, which gauges the greenback’s strength against…
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