Rupee ends at 74.60 per dollar amid buying seen in equity market

The rupee traded in the day’s range of 74.19 - 74.96 on Thursday.

Apr 08, 2021 03:04 IST India Infoline News Service

Indian rupee ended 5 paise lower at 74.60 per dollar, amid buying seen in the domestic equity market.

The local unit opened 15 paise higher at 74.40 per dollar against the previous close of 74.55. It traded in the day’s range of 74.19 - 74.96 on Thursday.

The rupee plunged to a four month-low during trade on Wednesday after the Reserve Bank of India's (RBI) policy announcement. The Indian currency fell 1.5% to 74.55 against the U.S. dollar, witnessing biggest one-day drop seen since August 2019.

Oil benchmark Brent Crude was trading 0.70% lower at USD 62.72 per barrel.

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