Indian rupee ends higher at 72.75 per dollar

14 February, 2021 12:00 AM printer

NEW DELHI: Indian rupee ended 11 paise higher at 72.75 per dollar, amid volatile trade witnessed in the domestic equity market.

It opened higher at 72.81 per dollar against previous close of 72.86 and traded in the range of 72.73-72.83, report agencies.

At close, the Sensex was up 12.78 points or 0.02 per cent at 51,544.30, and the Nifty was down 10 points or 0.07 per cent at 15,163.30.

The USDINR future remained below 73 levels on closing basis, which will keep the rupee pair depressed. We believe that the rupee is moving towards 72.50 levels gradually in coming sessions, said ICICIdirect.

The dollar-rupee February contract on the NSE was at Rs 72.95 in the last session. The open interest declined 1 per cent for the February series, it added.

Gold eased on Friday as the dollar and Treasury yields edged higher, but prices were on course for their best week in three as hopes of more U.S. stimulus underpinned the metal.