Rupee Appreciates 2 Paise At 71.22 Against US $

Mumbai: The Indian Rupee gained 2 paise to 71.22 against the US Dollar in early trade on Friday amid falling crude oil prices and fresh foreign fund inflows.

At the Interbank Foreign Exchange (forex) market, the domestic unit opened almost at 71.23 and stayed in a narrow range.

On Thursday, the rupee had slid by 13 paise to close at 71.24. The dollar index, which gauges the greenback’s strength against a basket of six currencies, traded flat at 96.60.

Meanwhile, the benchmark BSE Sensex fell 56.40 points, or 0.16 percent, to 35,841.95 in opening trade Friday. Global Oil Benchmark Brent crude futures was trading 0.25 percent lower at S 66.90 per barrel.

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