Rupee opens flat at 74.85 per dollar

Rupee opens flat at 74.85 per dollar

The Indian rupee opened flat at 74.85 per dollar on Friday against the previous close of 74.84, amid buying seen in the domestic equity market.

On August 13 rupee ended flat at 74.84 per dollar against Wednesday's close of 74.82.

At 10:05 IST, the Sensex was up 185.69 points or 0.48% at 38496.18, and the Nifty was up 48.90 points or 0.43% at 11349.40.

Oil prices advanced on Friday and were heading for the second week of gains amid growing confidence that demand for fuel is starting to pick up despite the coronavirus pandemic that has slammed economies worldwide.