Rupee gains 6 paise to close near 5-month high of 72.99 vs USD
Extending its gains for the third straight session, the Indian rupee added another 6 paise to settle at a near five-month high of 72.99 against the US dollar on Thursday, tracking a weaker American currency overseas and sustained foreign fund inflows. At the interbank forex market, the rupee opened higher at 72.96 and touched the day’s high of 72.93 against the greenback before shedding some gains towards the fag-end of the session. It finally closed higher by 6 paise at 72.99 to the dollar, a level not seen since September…
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