Rupee ends 2021 on positive note; settles 13 paise higher at 74.29 against USD

The rupee surged 13 paise to shut at 74.29 (provisional) against the U.S. greenback on the final buying and selling session of 2021, monitoring positive home equities amid year-end greenback promoting by banks and exporters.(*13*)

At the interbank foreign exchange market, the native unit opened up at 74.35 against the dollar and witnessed an intra-day excessive of 74.10 and a low of 74.38. It lastly settled at 74.29, an increase of 13 paise.(*13*)

In the earlier session, the rupee surged 29 paise to shut at a greater than one-month excessive of 74.42 against the U.S. greenback.(*13*)

On the home fairness market entrance, the BSE Sensex ended 459.50 factors or 0.80% higher at 58,253.82, whereas the broader NSE Nifty surged 150.10 factors or 0.87% to 17,354.05.(*13*)

Meanwhile, the greenback index, which measures the dollar’s power against the basket of six currencies, fell 0.04% to 95.92.(*13*)

Brent crude futures, the worldwide oil benchmark, fell 0.74% to $78.94 per barrel.(*13*)

Foreign institutional traders had been web sellers within the capital market on Thursday, as they offloaded shares price ₹986.32 crore, as per trade knowledge.(*13*)

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