The rupee strengthened by 33 paise to 73.33 towards the US greenback in opening commerce on Friday as weak point within the American forex abroad and constructive home equities buoyed traders’ sentiment. At the interbank foreign exchange market, the rupee opened at 73.47 towards the US greenback, and gained additional to 73.33, registering an increase of 33 paise over its earlier shut.
On Thursday, the rupee had depreciated by 14 paise to finish at 73.66 towards the US greenback.
The greenback index, which gauges the buck’s power towards a basket of six currencies, fell 0.07 per cent to 92.90.
Foreign institutional traders had been web sellers within the capital market as they offloaded shares price Rs 249.82 crore on a web foundation on Thursday, in accordance with change information.
Brent crude futures, the worldwide oil benchmark, rose 0.55 per cent to $43.54 per barrel.