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Rupee gains 11 paise to end at 74.92 against US dollar

At the interbank forex market, the domestic unit opened at 74.92 against the greenback and witnessed an intra-day high of 74.76 and a low of 74.94 during the day’s trade.

October 28, 2021 / 04:31 PM IST
Representative image

Representative image

The rupee gained 11 paise to close at 74.92 (provisional) against the US dollar on Thursday despite massive sell-offs in the domestic equity market as easing crude oil prices lent some support to the local currency.

At the interbank forex market, the domestic unit opened at 74.92 against the greenback and witnessed an intra-day high of 74.76 and a low of 74.94 during the day’s trade.

It finally ended at 74.92 a dollar.

On Wednesday, the rupee had declined by 7 paise to close at 75.03 against the US currency.