Re 76.20, crude $ 21.92

Mumbai :

The Indian rupee appreciated by 48 paise to 76.20 against the US dollar in early trade on Thursday tracking positive opening in domestic equities and rebound in most Asian currencies.

Forex traders said higher opening of domestic equities supported the local unit, while sustained foreign fund outflows and concerns over coronavirus outbreak weighed on the currency. Brent crude futures, the global oil benchmark, rose 7.61 per cent to $ 21.92 per barrel.

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