13 C
New York
Wednesday, April 21, 2021

Rupee logs 3rd straight day gains, up 12 paise at 71.72

Must read

Netflix Falls Short, Soccer Fiasco, Oil Stockpiles – What’s Moving Markets

(C) Reuters. By Geoffrey Smith Investing.com -- Netflix (NASDAQ:NFLX) signaled a sharp slowdown in subscriber growth, casting doubt over the growth narratives of other...

Analysis-Chile’s COVID-19 vaccine drive shifts to second doses over protection, supply concerns

2/2 (C) Reuters. FILE PHOTO: Vaccination campaign against the coronavirus disease (COVID-19) in Chile 2/2 By Aislinn Laing SANTIAGO (Reuters) - Chile is shifting its COVID-19 vaccination...

The Crypto Market Dip: A Hard Weekend Shakedown

Cryptocurrency13 minutes ago (Apr 21, 2021 06:30AM ET) The Crypto Market Dip: A Hard Weekend Shakedown A major crash over the weekend has seen the value...

Twitter becomes platform of hope amid the despair of India’s COVID crisis

World13 minutes ago (Apr 21, 2021 06:30AM ET) 2/2 (C) Reuters. Spread of the coronavirus disease (COVID-19) in New Delhi 2/2 By Devjyot Ghoshal and Aditya Kalra NEW...

MUMBAI: The Indian rupee continued its winning momentum for a third session in a row on Friday, rising 12 paise to settle at 71.72 against the US dollar as signs of easing trade tensions between the US and China enthused investors. On a weekly basis, the domestic currency, however, lost 30 paise to the US dollar.

The Indian currency has appreciated by 67 paise in the last three trading sessions. On Friday, the local unit opened on a strong note at 71.87 and finally closed at 71.72, higher by 12 paise over its previous close.

During the day, the domestic unit shuttled between a high of 71.59 and low of 71.89 during the day. The rupee had settled at 71.84 against the US dollar on Thursday.

In a major boost to investor sentiment globally, China and the US have agreed to hold the next round of trade negotiations in Washington in early October to end the bruising trade war.

- Advertisement -

Latest article

Netflix Falls Short, Soccer Fiasco, Oil Stockpiles – What’s Moving Markets

(C) Reuters. By Geoffrey Smith Investing.com -- Netflix (NASDAQ:NFLX) signaled a sharp slowdown in subscriber growth, casting doubt over the growth narratives of other...

Analysis-Chile’s COVID-19 vaccine drive shifts to second doses over protection, supply concerns

2/2 (C) Reuters. FILE PHOTO: Vaccination campaign against the coronavirus disease (COVID-19) in Chile 2/2 By Aislinn Laing SANTIAGO (Reuters) - Chile is shifting its COVID-19 vaccination...

The Crypto Market Dip: A Hard Weekend Shakedown

Cryptocurrency13 minutes ago (Apr 21, 2021 06:30AM ET) The Crypto Market Dip: A Hard Weekend Shakedown A major crash over the weekend has seen the value...

Twitter becomes platform of hope amid the despair of India’s COVID crisis

World13 minutes ago (Apr 21, 2021 06:30AM ET) 2/2 (C) Reuters. Spread of the coronavirus disease (COVID-19) in New Delhi 2/2 By Devjyot Ghoshal and Aditya Kalra NEW...

Auto retailer Lithia Motors profit beats on strong demand, higher prices

Stock Markets14 minutes ago (Apr 21, 2021 06:30AM ET) (C) Reuters. (Reuters) -Lithia Motors Inc topped Wall Street estimates for first-quarter profit on Wednesday as...