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Rupee gains 33 paise to close at 94.93 against the dollar

The rupee closed 33 paise stronger at 94.93 per dollar on Friday, recovering from Thursday's 95.26. A softer dollar index, down 0.37% at 101.66, and Brent crude easing to $114.13 supported the currency. The Sensex rose 308 points to 74,459.53 and the Nifty gained 116 points to 23,053.10, while analysts expect a slight negative bias ahead.

Rupee gains 33 paise to close at 94.93 against the dollar

This summary is based on reporting by Times of India.

Read the full story at Times of India