Photo: Ramesh Pathania/MintMumbai: The Indian rupee on Friday closed stronger against the US dollar for the third consecutive session, as the local equity market gained for the fourth session. The rupee opened at 67.05 per US dollar and touched a high of 66.95, a level last seen on 18 May. The rupee closes stronger against the US dollar for the third consecutive session, as the local equity market gained for the fourth sessionIndia’s 10-year bond yield closed at 7.471%, as compared with its Thursday’s close of 7.469%. The dollar index, which measures the US currency’s strength against major currencies, was trading at 95.269, up 0.11% from its previous close of 95.168. The home currency closed at 67.04, up 0.21% from its previous close of 67.18.

Source: Mint May 26, 2016 22:15 UTC