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Rupee rallies 18 paise to 73.33 against US dollar in early trade

The rupee started on a stronger note against the dollar supported by improved risk appetite in the global and regional markets and weak dollar, Reliance Securities said in a research note.

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The Indian rupee advanced by 18 paise to 73.33 against the US dollar in opening trade on Monday supported by positive domestic equities.

At the interbank forex market, the local unit opened at 73.34 against the US dollar, then inched higher to 73.33, reflecting a rise of 18 paise over its last close. The local unit also touched a low of 73.41 in initial deals.

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