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1-min read

Rupee Moves up 10 Paise Against Dollar

Dubbed as the biggest overhaul of the US tax code in 30 years, the Bill slashes taxes for corporates as well as the middle class.

PTI

Updated:December 21, 2017, 10:46 AM IST
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Rupee Moves up 10 Paise Against Dollar
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Mumbai: The rupee rose 10 paise to 64.01 against the dollar on Thursday as the US Congress gave its final seal of approval to a sweeping tax legislation.

Dubbed as the biggest overhaul of the US tax code in 30 years, the Bill slashes taxes for corporates as well as the middle class.

A positive start from equities created more room for the rupee.

In the opening session, the domestic unit went up 10 paise to 64.01. Yesterday, it had lost 7 paise at 64.11 against the US currency due to dollar demand from importers.

The benchmark BSE Sensex rose 83.61 points, or 0.24 per cent, to 33,860.99, in early session on Thursday.
(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: Huma Tabassum
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