GET Stock QuotesNews18 APP
News18 English
Powered by cricketnext logo
»
1-min read

Rupee Rebounds 24 Paise Against Dollar in Early Trade

The rupee recouped sharply by 24 paise to 64 against the US dollar in early trade on Tuesday on increased selling of the American currency by exporters and banks amid a higher opening in the domestic equity market.

PTI

Updated:May 2, 2017, 9:51 AM IST
facebookTwittergoogleskypewhatsapp
Rupee Rebounds 24 Paise Against Dollar in Early Trade
Representative photo (Reuters)
Loading...

Mumbai: The rupee recouped sharply by 24 paise to 64 against the US dollar in early trade on Tuesday on increased selling of the American currency by exporters and banks amid a higher opening in the domestic equity market.

Forex dealers said weakness in the dollar against other currencies overseas supported the rupee.

Further, a higher opening in the domestic equity market gave the uptrend some momentum, they added.

On Friday, the domestic unit ended lower by 8 paise at 64.24 a dollar on sustained month-end demand for the US currency from importers and banks.

Forex market remained closed yesterday on account of "Maharashtra Day".

Meanwhile, the benchmark BSE Sensex rose 134.33 points, or 0.44 per cent, to 30,052.73 in early session on Tuesday.

Read full article
Loading...
Next Story
Next Story

Also Watch

facebookTwittergoogleskypewhatsapp
Most Active
Company Price Change %Gain
Jet Airways 346.50 7.98
Yes Bank 191.00 -7.21
Reliance 1,127.40 2.79
ICICI Bank 367.55 -0.66
Indiabulls Hsg 766.20 -4.80
Company Price Change %Gain
Jet Airways 346.85 8.07
Mindtree 838.20 -0.05
Yes Bank 191.30 -7.14
HDFC 1,887.55 1.91
Info Edge 1,370.00 -0.48
Top Gainers
Company Price Change %Gain
Bharti Airtel 332.75 9.31
HCL Tech 1,022.20 3.38
Eicher Motors 24,735.00 3.30
Grasim 831.90 2.87
Reliance 1,127.40 2.79
Company Price Change %Gain
Bharti Airtel 333.60 9.81
Reliance 1,127.50 2.79
HDFC 1,887.55 1.91
SBI 290.30 1.75
Hero Motocorp 2,954.55 1.28
Top Losers
Company Price Change %Gain
Yes Bank 191.00 -7.21
Indiabulls Hsg 766.20 -4.80
JSW Steel 335.10 -2.76
Tata Steel 574.10 -2.59
IOC 143.35 -2.25
Company Price Change %Gain
Yes Bank 191.30 -7.14
Tata Steel 574.10 -2.47
Maruti Suzuki 7,332.05 -2.02
ONGC 156.55 -1.48
Axis Bank 618.30 -1.17

Live TV

Loading...
Loading...