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At 73.68 Indian rupee closes flat against dollar
September 14, 2021

The rupee pared its early gains to close flat at 73.68 against the US currency on Tuesday due to inflationary concerns and a muted trend in domestic equities.

The US dollar regaining strength ahead of the release of US inflation data and high crude oil prices also restricted gains in the rupee, analysts said.

At the interbank foreign exchange market, the local currency opened higher at 73.62 and touched an intra-day high of 73.57. However, the unit gave up gains later to hit a low of 73.70 before settling flat at 73.68 against the greenback.
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