iPhone | iPad
Android
Huawei
High-level UAE delegation visits Philippines to boost trade and investment ties
KT APPDOWNLOAD
Indian rupee inches up against UAE dirham in early trade
Support from positive domestic equities was negated by elevated crude oil prices and a strong American currency overseas
Photo: Reuters file
The rupee inched up 1 paisa against the US dollar in early trade on Tuesday, as the support from positive domestic equities was negated by elevated crude oil prices and a strong American currency overseas.
Forex traders said the dollar strengthened on safe-haven demand. However, a positive trend in domestic equities supported the rupee at lower levels.
At the interbank foreign exchange, the rupee was trading in a narrow range. The Indian currency opened at 83.26 against the dollar (23.12 against the UAE dirham). It rose slightly to 83.25 against the greenback in initial trade, up 1 paisa from its previous close.
ALSO READ:
More news from Business
Company aims to harmonize architectural excellence with environmental responsibility
'Proactive policymaking comfortably cushions emirate from external shocks, S&P says
Oil tumbled more than 4% last week after group deferred meeting
Method involves the computation of the real costs associated with the controlled transaction
ESG and AI investments are top priorities: KPMG report
Improved profitability due to a steady increase in the total operating income
PureCS’ expertise serves as a catalyst for elevating PureHealth’s capabilities