Rupee settles 15 paise higher at 71.35 against US dollar

The Indian rupee settled 15 paise higher at 71.35 against the US dollar on November 27, as gains in domestic equities and sustained foreign fund inflows strengthened investor sentiments.Forex traders said the rupee appreciated for the second straight day on foreign inflows in primary as well as secondary equity market.At the interbank foreign exchange market, the rupee opened strong at 71.43 against the US dollar. During the day, the domestic unit fluctuated between a high of 71.30 and a low of 71.48.The rupee finally settled at 71.35, up 15 paise over its previous close.The local unit had closed at 71.50 against the US dollar on Tuesday.This is the second straight session of gain for the domestic currency during which it has appreciated by 39 paise.Get access to India's fastest growing financial subscriptions service Moneycontrol Pro for as little as Rs 599 for first year. Use the code "GETPRO". Moneycontrol Pro offers you all the information you need for wealth creation including actionable investment ideas, independent research and insights & analysis For more information, check out the Moneycontrol website or mobile app.
Read More