LIVE TV DownloadNews18 App
News18 English
Powered by cricketnext logo
»
1-min read

Rupee Edges Higher by 4 Paise Against USD in Early Trade

The dollar trend overseas supported the rupee but losses in domestic equities kept investors mood dampened, capping the domestic currency's gains.

PTI

Updated:September 7, 2018, 9:39 AM IST
facebookTwittergoogleskypewhatsapp
Rupee Edges Higher by 4 Paise Against USD in Early Trade
Representative image
Loading...
Mumbai:The rupee Friday opened on a positive note and was trading marginally higher by 4 paise at 71.95 to the US dollar.

A slight weakness was seen in the American unit against some currencies including yen on fears that US President Donald Trump would take up trade issues with Japan.

The dollar trend overseas supported the rupee but losses in domestic equities kept investors mood dampened, capping the domestic currency's gains.

The rupee Thursday plunged to new record low of 72.11 a dollar in intra-day trade before closing at 71.99, showing a steep 24 paise fall.

Meanwhile, the benchmark Sensex fell 165.72 points, or 0.43 per cent, to 38,077.09 in early trade.

Catch the Biggest Newsmakers and the Biggest Newsbreaks on CNN-News18, your favourite English TV news channel. Keep watching CNN-News18 at just 50 Paise per Month. Contact your cable /DTH operator Now!
*Rental / capacity fee of Rs.130/- as charged by cable / DTH operator may apply. **GST extra.

Read full article
Loading...
Next Story
Next Story

Also Watch

facebookTwittergoogleskypewhatsapp
Most Active
Company Price Change %Gain
Sun Pharma 431.00 2.88
ITC 277.30 -4.30
Reliance 1,226.30 -0.72
Yes Bank 197.25 2.63
ICICI Prudentia 305.40 -11.48
Company Price Change %Gain
Sun Pharma 430.75 3.04
Yes Bank 197.30 2.71
Ratnamani Metal 874.10 -4.41
Hathway Cable 31.70 3.09
ITC 277.70 -4.16

Live TV

Loading...
Countdown To Elections Results
  • 01 d
  • 12 h
  • 38 m
  • 09 s
To Assembly Elections 2018 Results