Rupee gains by 8 paise against USD

Mumbai, Oct 11 (UNI) The Rupee on Thursday gained further by eight paise to 74.12, against the US Dollar on brisk selling of dollar from exporters, dealers at Forex Market said. 

Earlier in the day, the rupee had hit a new record low of 74.50 against the US dollar. Later, it recovered following dollar inflows and close positive at 74.12, advancing by eight paise as compared to its last close.

The domestic unit registered day high and low at 74.00 and 74.50 respectively.

Weak dollar against other world currencies pushed the indian currency up, they added.