Indian rupee ends higher at 73.11 per dollar

7 January, 2021 12:00 AM printer

NEW DELHI: Indian rupee ended higher at 73.11 per dollar, amid selling seen in the domestic equity market.

It opened flat at 73.17 per dollar against Tuesday’s close of 73.17 and traded in the range of 73.05-73.19, report agencies.

At close, the Sensex was down 263.72 points or 0.54% at 48,174.06, and the Nifty was down 53.20 points or 0.37% at 14,146.30.

“The dollar was well bid yesterday as RBI ensured that 73.00 is not breached. Flows were lower from FPIs as the Senate run off result and Bidens confirmation is still awaited. 73.10 to 73.40 should be today’s range. Buy the dips for importers and sell the upticks for exporters can be the trade as equities remain in a range but broader markets are all up,” said Anil Kumar Bhansali, Head - Treasury, Finrex Treasury Advisors.