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1-min read

Rupee Firms up 12 Paise as Dollar Slips Overseas

The local currency had closed with a mere loss of 1 paisa at 64.92 yesterday. Meanwhile, the benchmark BSE Sensex fell 72.53 points, or 0.24 per cent, to 29,574.89 in early trade.

PTI

Updated:March 31, 2017, 10:22 AM IST
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Rupee Firms up 12 Paise as Dollar Slips Overseas
Image for representation.
The rupee gained traction in the final session of 2016-17 as it strengthened by 12 paise to 64.80 against the US dollar early on Friday on increased selling of the American currency amid continued foreign inflows.

Besides the increased selling activity of the greenback by banks and exporters, dollar's weakness against other currencies overseas led to the rupee's climb. However, a lower opening in the domestic equity markets capped the rupee's gain, traders said. The local currency had closed with a mere loss of 1 paisa at 64.92 on Thursday. Meanwhile, the benchmark BSE Sensex fell 72.53 points, or 0.24 per cent, to 29,574.89 in early trade.
(Get detailed and live results of each and every seat in the Lok Sabha elections and state Assembly elections in Andhra Pradesh, Odisha, Arunachal Pradesh and Sikkim to know which candidate/party is leading or trailing and to know who has won and who has lost and by what margin. Our one-of-its-kind Election Analytics Centre lets you don a psephologist’s hat and turn into an election expert. Know interesting facts and trivia about the elections and see our informative graphics. Elections = News18)
| Edited by: Swati Sharma
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