Business Standard

Rupee gains 10 paise in opening trade

Image

Press Trust of India Mumbai

The rupee firmed up further by 10 paise to 68.47 against the US dollar at the Interbank Foreign Exchange in the opening trade today on increased selling of the US currency by exporters and banks amid weakness in the greenback against other currencies overseas.

Besides, selling of the American currency by exporters and banks and a higher opening in the domestic equity market influenced the rupee uptrend, forex dealers said.

Yesterday, the rupee had gained 23 paise to end at 68.57 on fresh dollar selling by exporters and corporates.

Meanwhile, the benchmark BSE Sensex rose by 59.33 points, or 0.16 per cent, at 35,437.93 in the opening trade today.

 

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jul 04 2018 | 10:00 AM IST

Explore News