Dollar vs Rupee Rate: Due to weakness in the American currency in foreign markets and inflow of foreign capital, the rupee gained four paise to reach 81.75 per dollar in early trade on Friday. Forex traders said that the rupee should have received support from crude oil prices falling below $ 80 per barrel . At the same time, due to weakness in the domestic stock market, the rupee was trading in a limited range.
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In the interbank foreign exchange market, the Indian rupee opened at 81.77 per dollar against the US dollar and then rose to 81.75 per dollar. This is an increase of 4 paise over the previous closing level. In the last trading session i.e. on Thursday, the Rupee (Dollar vs Rupees) had closed at 81.79 per dollar against the US dollar.
Meanwhile, the dollar index, showing the strength or weakness of the US dollar against six major currencies, rose 0.01 percent to 101.51. Global benchmark Brent crude oil futures rose 0.27 per cent to $78.58 per barrel.