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"Mumbai: The rupee appreciated by 9 paise to 71.15 against the US dollar in opening trade Thursday, driven by positive opening in domestic equities and weakening greenback in overseas markets.\nThe rupee gained further ground and touched a high of 71.13 amid easing crude prices, displaying gains of 11 paise over its previous close against the greenback.\nThe rupee Wednesday plunged by 19 paise to close at 71.24 against the US dollar.\nRepresentational image. Reuters.\nForex dealers said, easing crude oil prices and selling of the American currency by exporters supported the rupee.\nSustained foreign fund outflows, however, restricted the rupee upmove, they added.\nForeign funds pulled out Rs 90.10 crore from the capital markets on a net basis, while domestic institutional investors purchased shares worth Rs 304.27 crore Wednesday, provisional data showed.\nThe benchmark BSE Sensex was trading with gains of 79.29 points, or 0.22 percent at 36,400.58 while the NSE Nifty was trading at 10,913.95, up 23.65 points, or 0.22 percent.\nMeanwhile, brent crude, the global benchmark, was trading lower at 61.04 per barrel lower by 0.46 percent.\n&nbsp;\n&nbsp;\nTo keep watching India’s No. 1 English Business News Channel – CNBC-TV18, call your Cable or DTH Operator and ask for the Colors Family Pack (inclusive of 24 channels), available for Rs. 35/- per month, or subscribe to the channel for Rs. 4/- per day.\nTo keep watching the Leader in Global Market &amp; Business News – CNBC-TV18 Prime HD, call your Cable or DTH Operator and ask for the Colors Family HD Pack (inclusive of 25 channels), available for Rs. 50/- per month, or subscribe to the channel for Rs. 1/- per day.\n"
<https://www.firstpost.com/business/rupee-opens-9-paise-higher-at-71-15-against-us-dollar-on-weakening-greenback-in-overseas-markets-5911761.html>