The Indian rupee on Thursday edged higher by 4 paise to 71.08 against the US dollar.
After opening on a firm note at 70.92, the rupee climbed further to a high of 70.86 following dollar selling by exporters, before finally closing at 71.08, up 4 paise. The rupee had Wednesday ended with just 1 paisa loss at 71.12 a dollar.
The Financial Benchmark India Private Ltd (FBIL) set the reference rate for the rupee/dollar at 71.0333 and for rupee/euro at 81.6836. The reference rate for rupee/British pound was fixed at 93.2383 and for rupee/100 Japanese yen at 65.30.
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