Wednesday, July 29, 2020
Khaleej Times - Rupee settles at 74.80 against dollar, touches 20.38 vs dirham
The Indian rupee gained 4 paise to settle at 74.80 (provisional) against the US dollar to quote at Dh20.38 on Wednesday tracking weakness in the greenback.
At the interbank forex market, the rupee traded in a narrow range. It started the day at 74.83 and closed at 74.80, up 4 paise over its previous closing of 74.84 against the US dollar. During the session, the domestic unit touched an intra-day high of 74.73 and a low of 74.89 against the US dollar.
The dollar index against six major currencies stood at 93.720, near its lowest since June 2018 this week. The euro traded at $1.1723, up slightly on the day though it has stepped back a tad from Monday's 22-month high of $1.17815.The dollar changed hands at 105.05 yen, near a 4-1/2-month low of 104.955 hit the previous session.Source : Khaleej Times