Rupee up 11 paise
The rupee strengthened by 11 paise to 67.04 against the dollar at the interbank forex market today ahead of the announcement of...
The rupee strengthened by 11 paise to 67.04 against the dollar at the interbank forex market today ahead of the announcement of RBI's monetary policy amid fresh selling by exporters and the higher opening of the domestic equity markets. Dealers said besides fresh selling of dollar by exporters, dollar's weakness against some currencies overseas amid lingering concerns about global trade supported the rupee.
Dollar's weakness against some currencies overseas
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Yesterday, the rupee had shed 4 paise to end at 67.15 against the US dollar. The benchmark BSE Sensex recovered by 69.38 points, or 0.19 percent, to 34,972.59 in opening trade today.
