Rupee records gain against US dollar
Business Recorder • • 1 min read
Business Recorder reported that the rupee edged up by Re0.01 against the US dollar in inter-bank trading on Wednesday, ending at 276.70. It had finished the previous session at 276.71, leaving the latest move small.
The dollar also weakened against several major currencies as investors awaited US midterm election results, while the euro and yen gained and the dollar index slipped 0.2% to 101.7. Oil moved higher, with Brent at $104.36 a barrel and US West Texas Intermediate at $96.72, as market participants watched developments around the US-Israeli war on Iran.
At a glance
- The rupee closed at 276.70 per US dollar, up Re0.01.
- Brent crude rose to $104.36 a barrel during Wednesday trading.
Originally reported by Business Recorder
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