Business

Rupee rises 6 paise to 76.33 against US dollar

PTI

The rupee appreciated 6 paise to close at 76.33 against the US dollar in a restricted trade on Thursday, as investors assess the global economic impact of the Russia-Ukraine conflict amid elevated global crude oil prices to find a decisive direction.

A weak trend in domestic equities and strengthening US dollar in the overseas market capped the gains in the domestic unit, forex traders said.

At the interbank forex market, the local unit opened slightly up at 76.37 against the greenback. During the session, it moved in a tight range of 76.24 and 76.41.

The rupee finally settled at 76.33, a rise of 6 paise over its previous close.