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Rupee recovers 28 paise to close at 74.73 against US dollar

At the interbank forex market, the local unit opened at 74.81 against the greenback and witnessed an intra-day high of 74.67 and a low of 74.88.

April 26, 2021 / 05:07 PM IST

The rupee strengthened by 28 paise to close at 74.73 (provisional) against the US dollar on Monday, supported by positive domestic equities and weakness in the American currency in global markets.

At the interbank forex market, the local unit opened at 74.81 against the greenback and witnessed an intra-day high of 74.67 and a low of 74.88.

It finally ended at 74.73 against the American currency, registering a rise of 28 paise over its previous closing.

On Friday, the rupee had settled at 75.01 against the American currency.