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Business Economy


Rupee bounces back 26 paise against USD

Rupee bounces back 26 paise against USD

Mumbai, Dec 1 (UNI) The Rupee on Wednesday bounced back 26 paise to close positive at 74.90 against the US Dollar, dealers at the Foreign Exchange said.

The local unit that rallied 31 paise at 74.85 in early trade slightly declined from opening level, but ended positive only at 74.90 up by 26 paise compared to its last close.

The domestic unit registered days high and low at 74.82 and 74.95 respectively against the US Dollar, dealer added.

The Rupee rebound because of weak Dollar against other world currencies amid positive stock market, dealers added.

UNI NV SHK1653

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