INR vs USD: Indian rupee trades 42 paise higher to 73.15 against US dollar
Rising on the back of easing global crude oil prices and higher opening in domestic equity markets, Indian rupee recovered 42 paise to Rs 73.15 against the US dollar.
The domestic currency settled at 73.57 per dollar, showing a loss of just 1 paise over the previous close on Tuesday. On Monday, the rupee had settled 24 paise lower at 73.56 against the US dollar. On Monday, the domestic indices felt for the fourth consecutive day tracking a sluggish trend in the global share market on geo-political tensions and worries over trade war.
The reports also highlights that the foreign investors took out more than Rs 850 crore from capital markets since Friday amid the ongoing geo-political crisis.
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