Rs edges 5 paise higher to $ in volatile session

Published on: 

The rupee managed to end 5 paise higher at 73.48 to the US dollar after a see-saw session on Monday as weaker American currency against key rivals and easing crude oil prices led to a positive sentiment.

 After opening higher at 73.40 a dollar, the domestic currency swung between a high of 73.26 and a low of 73.70. It finally settled at 73.48, edging up by 5 paise against the greenback.

The dollar index, which gauges the greenback’s strength against a basket of six currencies, was trading 0.30 per cent lower at 93.05.

 Brent crude futures, the global oil benchmark, fell 0.83 per cent to USD 39.50 per barrel.

Daily Pioneer
dailypioneer.com