Sunday, 28 November, 2021

Indian rupee to close at 74.90 against USD

Indian rupee to close at 74.90 against USD

NEW DELHI: The rupee weakened by 3 paise to end at 74.90 against the US currency on Friday, weighed down by a muted trend in domestic equities and firm crude oil prices.

At the interbank foreign exchange market, the local currency opened at 74.82 and witnessed an intra-day high of 74.69 and a low of 74.94 against the US dollar in the day trade, report agencies.

The local unit finally settled at 74.90 a dollar, down 3 paise over its previous close.

On Thursday, the rupee had settled on a flat note at 74.87 against the US dollar.

Brent crude futures, the global oil benchmark, advanced 0.43 per cent to USD 84.97 per barrel.

On the domestic equity market front, the BSE Sensex ended 101.88 points or 0.17 per cent lower at 60,821.62, while the broader NSE Nifty declined 63.20 points or 0.35 per cent to 18,114.90.