Home / Business / Business News / Article / Rupee gains 6 paise to 89.92 vs US dollar in morning trade

Rupee gains 6 paise to 89.92 vs US dollar in morning trade

The rupee appreciated by 6 paise to 89.92 against the US dollar in early trade on Friday amid thin liquidity and RBI’s intervention keeping the currency range-bound. Forex traders said the USD/INR pair is expected to trade in a narrow range as the 90 level is being protected by the Reserve Bank of India

Listen to this article :
Representational Image

Representational Image

The rupee witnessed range-bound trade in the morning session on Friday, appreciating by 6 paise to 89.92 against the US dollar as thin liquidity conditions accentuated everyday demand-supply imbalances, keeping the rupee tilted toward weakness.

Forex traders said the USD/INR pair is expected to trade in a narrow range as the 90 level is being protected by the Reserve Bank of India.

Trending Stories

Latest Photoscta-pos

Latest VideosView All

Latest Web StoriesView All

Mid-Day FastView All

Advertisement