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Rupee rises 6 paise to close at 79.86 against US dollar

The rupee appreciated by 6 paise to close at 79.86 (provisional) against the US dollar on Friday, supported by foreign fund inflows and a positive trend in domestic equities. However, higher crude prices in the international markets restricted the rupee’s gain, forex dealers said. It finally ended at 79.86 against the US dollar, up 6 paise from its previous close of 79.92. The dollar index, which measures the greenback’s strength against a basket of six currencies, slipped 0.13 per cent to 108.33. Also Read| Rupee ends flat at 79.84 against US dollar Brent crude futures, the global oil benchmark, rose …

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