<p> The rupee inched up 3 paise to 72.93 against the US dollar in opening trade on Friday amid a firm trend in the domestic equity market and RBI's decision to leave key interest rate unchanged.</p>.<p>The Reserve Bank of India (RBI) on Friday decided to leave benchmark interest rate unchanged at 4 per cent but maintained an accommodative stance, implying rate cuts in the future.</p>.<p>At the interbank forex market, the domestic unit opened at 72.98 against the US dollar and inched higher to 72.93 against the greenback, registering a rise of just 3 paise over its previous close.</p>.<p>On Thursday, the rupee had settled at 72.96 against the American currency.</p>.<p>The dollar index, which gauges the greenback's strength against a basket of six currencies, advanced 0.07 per cent to 91.59.</p>.<p>On the domestic equity market front, the 30-share BSE benchmark Sensex was trading 343.97 points higher at 50,958.26, and the broader NSE Nifty climbed 65.60 points to 14,961.25.</p>.<p>Foreign institutional investors were net buyers in the capital market as they purchased shares worth Rs 1,936.74 crore on a net basis on Thursday, according to exchange data.</p>.<p>Brent crude futures, the global oil benchmark, rose 0.71 per cent to USD 59.26 per barrel. </p>
<p> The rupee inched up 3 paise to 72.93 against the US dollar in opening trade on Friday amid a firm trend in the domestic equity market and RBI's decision to leave key interest rate unchanged.</p>.<p>The Reserve Bank of India (RBI) on Friday decided to leave benchmark interest rate unchanged at 4 per cent but maintained an accommodative stance, implying rate cuts in the future.</p>.<p>At the interbank forex market, the domestic unit opened at 72.98 against the US dollar and inched higher to 72.93 against the greenback, registering a rise of just 3 paise over its previous close.</p>.<p>On Thursday, the rupee had settled at 72.96 against the American currency.</p>.<p>The dollar index, which gauges the greenback's strength against a basket of six currencies, advanced 0.07 per cent to 91.59.</p>.<p>On the domestic equity market front, the 30-share BSE benchmark Sensex was trading 343.97 points higher at 50,958.26, and the broader NSE Nifty climbed 65.60 points to 14,961.25.</p>.<p>Foreign institutional investors were net buyers in the capital market as they purchased shares worth Rs 1,936.74 crore on a net basis on Thursday, according to exchange data.</p>.<p>Brent crude futures, the global oil benchmark, rose 0.71 per cent to USD 59.26 per barrel. </p>