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BIZ-RUPEE-OPEN - Rupee recovers from record low, opens 12 paise up at 78.20 against US dollar

Contributed by NAMPA / PTI.

Mumbai, Jun 24 (PTI) Recovering from its record low, the rupee opened 12 paise up at 78.20 against the US dollar on Friday, tracking a pullback in crude oil prices.
At the interbank foreign exchange, the rupee opened at 78.20 against the American dollar. In initial trade, the local currency witnessed a high of 78.19 and a low of 78.24 against the US dollar.
The rupee on Thursday had closed at its all-time low of 78.32 against the US dollar.
Meanwhile, the dollar index, which gauges the gr ...