Mumbai: The Indian rupee gained against the US dollar in the forex market. Forex traders said the rupee opened stronger tracking gains in the non-deliverable forward (NDF) markets.
At the interbank foreign exchange, the domestic currency opened at 81.24 against the US dollar. During trading, it then gained and touched 81.15, registering a rise of 21 paise over its previous close. On Thursday, the Indian currency settled at 81.36 against the US dollar.
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Meanwhile, the dollar index, which measures the US dollar’s strength against a basket of six currencies, rose 0.09% to 102.15.Foreign Institutional Investors (FIIs) were net buyers in the Indian capital market as they purchased shares worth Rs 399.98 crore.
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