The rupee closed at 63.18 vs US dollar, up 71 paise. The rupee opened at 63.02 against US dollar. It was lower by 55 paise from the earlier close.
Mumbai: The rupee closed at 63.18 vs US dollar, up 71 paise on Monday.
The rupee on Monday opened at 63.02 against US dollar. It was lower by 55 paise from the earlier close. The rupee closed at 62.7 against US dollar on Friday.
The rupee depreciated by 24 paise to 62.65 in early trade on Friday at the Interbank Foreign Exchange market on increased dollar demand from banks and importers.
Forex dealers said besides dollar gaining against other currencies in the global markets, increased demand for the American currency from banks and importers and lower opening in the domestic equity market, influenced the rupee.
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