Rupee rises 12 paise to close at 79.57 against US dollar

The rupee appreciated 12 paise to close at 79.57 (provisional) against the US dollar on Friday, tracking positive domestic equities and foreign fund inflows. At the interbank forex market, the local unit opened at 79.66 against the greenback. It witnessed an intra-day high of 79.47 and a low of 79.66 during the session. It finally ended at 79.57, up 12 paise from its previous close of 79.69. The dollar index, which measures the greenback's strength against a basket of six currencies, fell 0.98 per cent to 108.63. 

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