Rupee settles 2 paise higher at 72.92 against US dollar

Rupee settles 2 paise higher at 72.92 against US dollar

The rupee edged higher by 2 paise to settle at 72.92 (provisional) against the US dollar on Wednesday, ahead of the outcome of the US central bank’s meeting.

At the interbank forex market, the rupee opened at 72.91 against the American currency and hit an intra-day high of 72.78 and a low of 72.94 in day trade.

It finally finished at 72.92, higher by 2 paise over its last close.

On Monday, the rupee had settled at 72.94 against the American currency.

Meanwhile, the dollar index, which gauges the greenback’s strength against a basket of six currencies, advanced 0.25 percent to 90.39.