Rupee gain, trades at 71.89 per dollar

Indian rupee appreciated further as it is trading below 72 mark. It is trading higher by 42 paise at 71.89 per dollar.

It opened 26 paise higher at 72.05 per dollar versus previous close 72.31.

On Wednesday the rupee closed 36 paise higher at 72.31 against Tuesday’s close 72.67 per dollar.

Rupee consolidated in a narrow range but marginal appreciation was seen in the first half of the sessions following drop in global crude oil prices.

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