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Rupee opens 5 paise higher at 71.67 against US dollar

The domestic unit continued its winning momentum for a third session in a row on Friday, rising 12 paise to settle at 71.72.

Rupee, Indian currency
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SI Reporter New Delhi
The rupee on Monday opened five paise higher at 71.67 against the US dollar amid rise in crude oil prices and Asian equities. 

The domestic unit continued its winning momentum for a third session in a row on Friday, rising 12 paise to settle at 71.72. 

On a weekly basis, it, however, lost 30 paise to the US dollar. 

Continuing their selling spree, foreign investors withdrew a net sum of Rs 1,263 crore from the Indian capital markets in the first week of September amid global headwinds even as the government rolled back enhanced surcharge on FPIs.

They have pulled