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WEEKLY CURRENCY MARKET 28th Dec 2020 - 1st Jan 2021

On a weekly basis, the rupee settled 44 paise or 0.60 per cent higher at 73.11 against US dollar.USD/INR touched low at 73.00 and high at 73.61.On Monday, The rupee appreciated by 5 paise to close at 73.50 against the US dollar, tracking weakness in the American currency and positive domestic equities. The rupee appreciated by 9 paise to close at 73.42 against the US dollar on Tuesday. Rupee appreciated by Rupee appreciated by 24 paise to finish at 73.06 against the US dollar on the last trading day of the year 14 paise to close at 73.29 against the US dollar on Wednesday. on Thursday, supported by weak American currency and rise in risk appetite. Snapping the six-session winning streak, the rupee depreciated by 4 paisa to settle at 73.11 against the US dollar on the first trading day of the New Year on Friday.

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