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Rupee ends higher against dollar for fourth straight day

Rupee ends higher against dollar for fourth straight day

Rupee ends higher against dollar for fourth straight day
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By CNBC-TV18 Jan 10, 2020 6:25:47 PM IST (Updated)

The dollar index, which gauges the greenback's strength against a basket of six currencies, rose 0.12 per cent to 97.57.

Indian rupee closed on a higher note on Friday against the US dollar as softening crude oil prices lifted forex market sentiments. The local currency settled at 70.94 against the dollar.

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The dollar index, which gauges the greenback's strength against a basket of six currencies, rose 0.12 per cent to 97.57.
After opening nearly unchanged, the rupee staged a significant recovery and went on to hit a high of 70.86 against the American unit. It, however, settled at 70.94.
The global crude benchmark Brent was last seen trading lower at 0.03 per cent to $ 65.30 per barrel.
(With inputs from PTI)
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