Rupee gains against the dollar for the third consecutive session

The rupee gained against the dollar for the third consecutive session and after it hit a lifetime low on Monday as international crude oil prices came off from the highs after Opec member UAE supported a hike in output bringing a relief from the supply disruptions due to the Russia-Ukraine conflict.

The Indian currency appreciated 0.34 per cent against the dollar on Thursday as it closed at 76.31/$ as compared to the previous close of 76.56/$.

“The Indian rupee opened at 76.27, about 29 paise stronger than yesterday’s close of 76.56 against the Dollar as positive talks between Russia and Ukraine as