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Rupee surges 13 paise to 74.11 against US dollar in early trade

Global oil benchmark Brent crude futures fell 0.48 per cent to USD 71.90 per barrel

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This picture has been used for representational purpose

This picture has been used for representational purpose

The Indian rupee appreciated 13 paise to 74.11 against the US dollar in opening trade on Thursday, tracking a positive trend in domestic equities.
At the interbank foreign exchange, the rupee opened at 74.22 against the dollar, then surged higher to 74.11, up 13 paise over its previous close.

On Wednesday, the rupee had settled at 74.24 against the US dollar. Global oil benchmark Brent crude futures fell 0.48 per cent to USD 71.90 per barrel. Meanwhile, the dollar index, which gauges the greenback''s strength against a basket of six currencies, was up 0.06 per cent at 92.87.

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