Rupee trims intra-day gains to end 6 paise lower at 75.61 to US $ !!

The Indian Rs on Tuesday gave up all its intra-day gains to close 6 paise lower at 75.61 against the US $ in line with weaker sentiment in financial markets triggered by steeply rising coronavirus cases in the country.

Besides, robust US $ against its key rivals also had an impact on the domestic unit.The dollar index, which gauges the greenback’s strength against a basket of six currencies, rose 0.42% to 97.02.  The rupee opened at 75.53 against the US $, but pared the gains to settle at 75.61 against the US $, down 6 paise over its previous close. During the four-hour trading session, the domestic unit saw an intra-day high of 75.43 and a low of 75.61.

On the equity front,  the benchmark Sensex closed 413.89 points or 1.20% lower at 33,956.69.


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