Indian rupee recovers 22 points to close at 72.67 against US dollar on easing crude prices, positive macroeconomic data
At the Interbank forex market, the domestic unit opened with strength at 72.81 and advanced to a high of 72.51 in day trade. Rupee finally settled at 72.67, showing a gain of 22 paise or 0.30 per cent over the last close.
On global front, crude oil prices fell below the USD 70 per barrel mark, easing concerns over expanding current account deficit and inflation which have a direct bearing on rupee. Image source: Reuters