Indian rupee touches 20.56 against UAE dirham

Indian rupee touches 20.56 against UAE dirham

Filed on March 27, 2020 | Last updated on March 27, 2020 at 09.44 am. The domestic unit was trading higher ahead of the media briefing by RBI, traders said.. The Indian rupee appreciated by 56 paise to 74.60 against the US dollar in early trade on Friday tracking positive opening in domestic equities, as investors awaited positive cues from the Reserve Bank of India to tide through the coronavirus crisis.. Forex traders said, the domestic unit was trading higher ahead of the media briefing by RBI Governor Shaktikanta Das.. The announcement of the various welfare measures by Finance Minister Nirmala Sitharaman on Thursday also supported investor sentiments.. At the interbank foreign exchange the rupee opened at 74.60, registering a rise of 56 paise over its previous close.. Against the UAE dirham, the rupee was trading at 20.31 at 9:45am (UAE time), according to XE.com .. On Thursday, rupee had settled at 75.16 against the US dollar.. There are concerns over the impact of coronavirus outbreak on the domestic as well as global economy.. The number of deaths around the world linked to the new coronavirus has crossed over 24,000.. In India, nearly 700 coronavirus cases have been reported