Rupee recovers 11 Paise against USD

Mumbai: The Rupee on Friday recovered by 11 paise to 74.16 in opening trade on selling of US Dollar by bankers and exporters, dealers at the Forex Market said.

The local unit went up because of weak dollar against other world currencies amid rebounding stock market in opening session, dealers said.

The rupee registered intra days high and low at 74.20 and 74.13 respectively, he added.

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