Rupee rises 6 paise to 68.92 against USD in early trade

DN Bureau

The rupee appreciated by 6 paise to 68.92 against the US dollar in early trade on Thursday amid positive opening in domestic equity market.

File Photo
File Photo


Mumbai: The rupee appreciated by 6 paise to 68.92 against the US dollar in early trade on Thursday amid positive opening in domestic equity market.

Forex traders said heavy buying in domestic equity market supported the domestic unit, however, foreign fund outflows and rising crude oil prices weighed on local currency.

Also Read | Rupee rises 27 paise to 71.85 against USD in early trade

The domestic currency had settled at 68.98 against the US dollar on Wednesday.

Also Read | Rupee tumbles 22 paise against dollar on crude concerns

Brent crude futures, the global oil benchmark, rose 0.19 per cent to trade at USD 63.30 per barrel. Domestic bourses opened on a bullish note Thursday with benchmark indices Sensex trading 320.35 points higher at 38,168.00 and Nifty up 83.60 points at 11,354.90. (PTI)
 










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