Rupee recovers 14 paise against USD

The Rupee on Thursday recovered by 14 paise to 74.92 against the US Dollar on selling of US Dollar by bankers and exporters, dealers at the Forex Market said.
High fluctuation was seen during the day, as the local unit slipped by 12 paise to 75.18 in early trade. Later, it erased earlier losses and finished positive at 74.92, up by 14 paise as compared to its previous close.
The local unit registered days high and low at 75.20 and 74.88 respectively.
The Rupee rebounded owing to weak dollar against other world currencies amid positive equity market, dealers added.

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