Indian rupee recovered marginally against the US dollar on Friday, despite a weak trend in domestic equity markets and foreign fund flows following concerns about spread of the highly contagious delta variant of Covid-19 that could hamper the global economic recovery. Foreign institutional investors (FIIs) were net sellers as they offloaded shares worth Rs 554.92 crore in the capital market on Thursday, exchange data showed.
The partially convertible currency is currently trading at 74.64, stronger by 7 paise from its previous close of 74.71 on Thursday. The currency touched a high and low of 74.6825 and 74.6000 respectively.
