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1-min read

Rupee Gains 5 Paise More Against US Dollar at 67.90

The rupee advanced 5 paise to 67.90 against the US dollar in early session on increased selling of the American currency by exporters and banks.

Press Trust Of India

Updated:January 18, 2017, 9:59 AM IST
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Indian Rupee
File photo of Indian rupee.(Reuters)

Mumbai: The rupee advanced 5 paise to 67.90 against the US dollar in early session on increased selling of the American currency by exporters and banks.

Besides, a higher opening in domestic stocks and fresh foreign fund inflows kept the domestic unit in good spirits, forex dealers said.

However, the dollar's recovery against some currencies overseas restricted the rupee's upmove.

The rupee continued its impressive run against the broadly weak dollar for the second straight day on Tuesday, surging by a solid 15 paise to end at 67.95 amid hopes for a speedy rollout of GST.

Meanwhile, the benchmark BSE Sensex rose 133.63 points, or 0.49 percent, to 27,369.29 in early trade.

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| Edited by: Bijaya Das
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