The Indian rupee opened on a flat note and inched higher by 2 paise to 73.66 against the U.S. dollar in opening trade on September 15.<\/p>\n
The domestic unit was trading in a narrow range as the U.S. dollar regained strength ahead of the release of U.S. inflation data. Moreover, high crude oil prices also restricted gains in the rupee, forex traders said.<\/p>\n
At the interbank foreign exchange, the rupee opened at 73.68 against the dollar, then inched higher to 73.66, up 2 paise over its previous close.<\/p>\n
The local unit touched an intra-day low of 73.71 in initial deals.<\/p>\n
On September 14, the rupee had settled at 73.68 against the U.S. dollar.<\/p>\n
The dollar index, which gauges the greenback\u2019s strength against a basket of six currencies, rose 0.01% to 92.63.<\/p>\n
Foreign institutional investors were net buyers in the capital market on September 14 as they purchased shares worth \u20b91,649.60 crore, as per exchange data.<\/p>\n
On the domestic equity market front, BSE Sensex was trading 230.27 points or 0.40% higher at 58,477.36, while the broader NSE Nifty advanced 65.95 points or 0.38% to 17,445.95.<\/p>\n
Meanwhile, global oil benchmark Brent crude futures rose 0.63% to $74.06 per barrel.<\/p>\n
On the domestic macro-economic front, the wholesale price-based inflation rose marginally to 11.39% in August, mainly due to costlier manufactured goods.<\/p>\n
Meanwhile, India\u2019s exports jumped 45.76 per cent to $33.28 billion in August on account of healthy growth in segments like engineering, petroleum products, gems and jewellery and chemicals, even as the trade deficit widened to a four-month high of $13.81 billion, according to official data.<\/p>\n