Indian Rupee Up to 72.36 Against the US Dollar

Indian Rupee Up to 72.36 Against the US Dollar

The Indian rupee strengthened by nine paise to 72.36 against the US dollar (19.71 versus UAE dirham) in early trade on Monday (May 31), tracking the broad weakness of the greenback and positive domestic equities.

At the interbank foreign exchange, the domestic unit opened at 72.38 against the dollar, then inched higher to 72.36, registering a gain of 9 paise over its previous close.

On Friday (May 28), the rupee had settled at 72.45 against the US dollar.