Rupee rises 17 paise to close at 79.23 against US dollar

Meanwhile, the dollar index, which measures the greenback's strength against a basket of six currencies, was up 0.25 per cent at 105.95.Forex traders said foreign fund inflows into capital markets and softening crude oil prices boosted the local currency.Foreign institutional investors remained net buyers in the capital market on Thursday as they purchased shares worth Rs 1,474.77 crore, as per exchange data.

Rupee rises 17 paise to close at 79.23 against US dollar
Meanwhile, the dollar index, which measures the greenback's strength against a basket of six currencies, was up 0.25 per cent at 105.95.Forex traders said foreign fund inflows into capital markets and softening crude oil prices boosted the local currency.Foreign institutional investors remained net buyers in the capital market on Thursday as they purchased shares worth Rs 1,474.77 crore, as per exchange data.