Rupee Vs. USD: Rupee opens 7 Paise higher against the USD

27 Jun 2023 , 10:26 AM

The Indian rupee started the day on a positive note against the US dollar, supported by the recovery of Asian currencies, particularly the Chinese yuan. The local unit opened at 81.97 against the dollar, showing improvement from the previous close of 82.04.

In the previous trading session, the rupee had witnessed a marginal decline of 9 paise, ending at 82.04 against the dollar.

On the domestic front, the Indian equity indices, Sensex and Nifty, displayed a positive trend during the pre-opening session. As per data,  According to provisional data, Foreign Institutional Investors (FIIs) divested Indian shares worth Rs 409.43 crore on Monday, while Domestic Institutional Investors (DIIs) were net purchasers, acquiring shares worth Rs 250.12 crore.

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