Indian rupee closes lower at 73.93 against the greenback amid volatility in equities

The Indian currency ended near day's low against the US dollar.

Dec 03, 2020 10:12 IST India Infoline News Service

Indian rupee closed 12 paise lower at 73.93 against the greenback on Thursday, amid volatile trading in global equity markets. The Indian currency ended near day's low against the US dollar.

Rupee opened flat at 73.81 per dollar against previous close of 73.80. The local unit touched a high of 93.68 and low of 93.95 in the intraday trade on Thursday.

The dollar gained strength amid renewed hopes of economic stimulus from Washington and the expected start of Covid-19 vaccinations. .

Oil benchmark Brent Crude traded marginally lower 0.15% at USD 48.18 per barrell. 

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