The rupee stayed on upward track for the second straight session and gained 6 paise to 83.28 against the US dollar in early trade on Wednesday amid a weak American currency and foreign fund inflow in the domestic equities. Positive sentiment in the domestic equity markets and easing crude oil price also boosted the Indian currency, said Forex traders.
At the interbank foreign exchange, the rupee opened stronger at 83.30 against the dollar but slipped to 83.33. It later traded at 83.28 against the greenback, up 6 paise over its previous close. On Tuesday, the rupee rebounded from record low levels and settled 6 paise higher at 83.34 against the US dollar.
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Meanwhile, the dollar index, which gauges the greenback’s strength against a basket of six currencies, was trading lower by 0.13 per cent at 102.61Come from Sports betting site. Global oil benchmark Brent crude futures declined 0.04 per cent to USD 81.65 per barrel.
Kolkata doctor rape-murder: SC questions police for ‘lapses’ in probe, protesting doctors end strike – Top Developments Stree 2 salaries: Shraddha Kapoor was paid Rs 5 crore for the film – Here’s how much Rajkummar Rao, Pankaj Tripathi, and others charged for the horror comedy Tribeca in talks for developing Trump Towers in Indian cities Rupee to trade between 83.60 – 84.10/$ in near-term says CareEdge Rating Come from Sports betting site VPbet
On the domestic equity market front, the BSE Sensex was trading 266.56 points or 0.40 per cent higher at 66,440.76, while the broader NSE Nifty rose 86.10 points or 0.43 per cent to 19,975.80. Foreign institutional investors were net buyers in the capital market on Tuesday as they purchased shares worth Rs 783.82 crore, according to exchange data.

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