[Mumbai]Rupee Shining Against US Dollar For 5th Consecutive Day:1$ V/S Rs 67.36
Indian Rupee Builds on Gains, up 18 Paise against Dollar
Hardening for the fifth consecutive day, the rupee today appreciated another 18 paise to trade at a 7-week high of 67.36 against the dollar
Yesterday, the rupee had surged 31 paise to end at a nearly seven-week high of 67.54 on persistent selling of dollars by banks and exporters in view of fresh foreign capital inflows.
Meanwhile, the benchmark BSE Sensex advanced 227.59 points, or 0.94 per cent, to trade at 24,470.57 in early deals.
Tag: USDollar
Rupee Shining Against US Dollar For 5th Consecutive Day:1$ V/S Rs 67.36
Indian Rupee Down9Paise vs US Dollar On Happy Thanksgiving Day
[Mumbai,] Indian Rupee Down 9 Paise vs US Dollar in Early Trade On Happy Thanksgiving Day
The rupee lost 9 paise to 66.41 against the US dollar in early trade today at the Interbank Foreign Exchange This Is due to appreciation in the US currency overseas.
Besides, a fresh demand for the US currency from importers and banks also weighed on the domestic currency,
However, early gains in domestic stock markets capped the rupee losses to some extent,
The rupee had ended 15 paise higher at 66.32 against the US dollar on Tuesday amid lower greenback in overseas markets.
Forex market remained closed yesterday on account of “Gurunanak Jayanti”.
Indian Rupee Showing Muscle at 65.29 against US Dollar Recovered 12 Paise
[Mumbai] Indian Rupee Showing Muscle at 65.29 against US Dollar:Recovered 12 Paise
Indian Rupee Shows Muscle And Recovered 12 paise to trade at 65.29 against us dollar today on fresh selling of the US currency by exporters amid sustained foreign fund inflows.
The dollar also weakened against other major global currencies as the International Monetary Fund trimmed its global economic growth forecast and the US trade deficit widened,
As Per Trade Experts, A higher opening in the domestic equity market supported the rupee,
The rupee had dropped 12 paise against the dollar to close at 65.41 yesterday on fresh demand for the American currency from banks and importers on the back of higher greenback overseas.
Meanwhile, the benchmark BSE Sensex was trading higher by 34.16 points, or 0.12 per cent, at 26,967.04 in opening trade
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