Rupee edges 3 paise higher at 73.13 in opening trade

Indian rupee tred with moderate gains of 3 paise at 73.13 against US dollar in opening session on Monday, tracking softer crude oil prices and sustained buying in domestic equities.

domestic unit started off session on a strong note at 73.10, up 6 paise, but ceded some ground as tre progressed and quoted 73.13 a dollar at 1020 hours.

domestic currency h settled 8 paise higher at 73.16 a dollar on Friday after Reserve Bank kept key interest rates unchanged while retaining an accommodative stance.

On a weekly basis, however, domestic currency h lost 3 paise to US dollar.

Global crude oil benchmark Brent was tring 0.84 per cent lower at 42.46 a barrel.

Meanwhile, dollar index, which gauges greenback's strength against a basket of six currencies, gained 0.02 per cent to 93.07.

On domestic equity market front, BSE Sensex was tring 246.06 points up at 40,755.55; and NSE Nifty was 58 points higher at 11,972.

Foreign investors h offloed Indian equities worth a net Rs 39.39 crore on Friday, exchange data showed.

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