Rupee depreciated by 16 paise; USD increases by .41%

The INR opened at Rs. 73.40 against the US dollar and witness the high at Rs.73.50 but declined by 16 paise and finally closed at Rs. 73.40 against the USD. Meanwhile dollar increased by 0.41%.

It is expected that rupee may trade at 73.10 to 73.90 in the next couple of days. Whereas, BSE Sensex ended at 486.81 points & NSE Nifty increased by 137.50 points.