(Riya Singh, Intern Journalist): The rupee pared some of its initial losses and settled 3 paise down at 75.04 (provisional) against the US dollar on Tuesday, even as the domestic equity market was trading with significant gains. The rupee opened weak at 75.13 at the interbank forex market, then pared some of its early losses to settle at 75.04 against the US dollar, down 3 paise over its previous close of 75.01 against the greenback.
The domestic unit witnessed an intra-day high of 74.85 and a low of 75.17 against the American currency. Meanwhile, the dollar index, which gauges the greenback’s strength against a basket of six currencies, fell 0.08 percent to 93.46.
The 30-share BSE benchmark Sensex was trading 665.77 points higher at 37,605.37 and broader NSE Nifty rose 179.45 points to 11,071.05. Brent crude futures, the global oil benchmark, fell 1 percent to USD 43.71 per barrel. Meanwhile, the number of cases around the world linked to Covid-19 has crossed 1.82 crores and in India, the number of infections touched 18,55,745.
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