Rupee rises 6 paise against USD

29 September, 2020 12:00 AM printer

Mumbai: The Indian rupee advanced 6 paise to 73.55 against the US dollar in opening trade on Monday tracking weak American currency and positive domestic equities.

The local unit opened 3 paise lower at 73.64 at the interbank forex market, then gained ground and touched 73.55 against the greenback, up 6 paise over its previous close, report agencies. On Friday, the rupee had staged a smart rebound and close at 73.61 against the US dollar.

Forex traders said investors would look for cues from the first presidential debate between US President Donald Trump and Democratic candidate Joe Biden, set for Tuesday.


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