The rupee appreciated by 21 paise to 72.90 against the US dollar in opening trade on Monday supported by sustained foreign fund inflows and weakness of the American currency in the overseas market
The rupee appreciated by 9 paise to 73.33 against the US dollar in opening trade on Wednesday supported by sustained foreign fund inflows and weakness in the American currency in the overseas market
The rupee added another 11 paise to trade at 73.38 against the US dollar in opening session on Tuesday in line with stronger Asian peers and positive domestic equities
The rupee appreciated by 4 paise to 73.51 against the US dollar in opening trade on Monday as sustained foreign fund inflows and strong domestic equities strengthened investor sentiment
Analysts say the central bank is enhancing reserves to guard against a likely downgrade in India's credit rating or to ensure a bigger transfer of surplus to the revenue-starved government