Rupee jumps 10 paise to 65.18 against dollar

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Rupee jumps 10 paise to 65.18 against dollar

Published : Oct 11, 2017, 10:08 am IST
Updated : Oct 11, 2017, 10:08 am IST

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Mumbai: The rupee climbed 10 paise to 65.18 against the dollar today after US president's tax cut plans failed to sustain interest in the US currency among traders.

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Banks and exporters turned their back on the greenback. The rupee looked good, taking support from a higher opening in domestic stocks. The dollar's falling fortune against currencies overseas was also instrumental in the rupee moving to a higher plane.

Yesterday, the rupee had strengthened by 8 paise to close at 65.28 per dollar.

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Meanwhile, the benchmark BSE Sensex reclaimed the 32,000 mark by rising 104.02 points, or 0.32 per cent, to 32,028.43 in early session. PTI

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