Indian Rupee Strengthens Against U.S. Dollar For Third Day

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Close view of Indian currency banknotes, rupee arranged for photograph. (Photo: Vijay Sartape/BQ Prime)

The Indian rupee strengthened against the U.S. dollar on Wednesday, for the third straight session.

The local currency opened at 81.77 against the greenback, strengthening seven paise against Tuesday's close of 81.79.

Intraday, the Indian currency strengthened as much as 0.34%, or 27 paise, to 81.51.

At close, it strengthened 0.26% or 21 paise at 81.57.

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