GET Stock QuotesNews18 APP
News18 English
»
1-min read

Rupee Recovers From All-Time Low, Regains 18 Paise

The Indian currency closed at an all-time low of 68.79 with a fall of 18 paise against the US dollar.

PTI

Updated:June 29, 2018, 10:13 AM IST
facebookTwittergoogleskypewhatsapp
Rupee Recovers From All-Time Low, Regains 18 Paise
The Indian currency closed at an all-time low of 68.79 with a fall of 18 paise against the US dollar.
Loading...
Mumbai: The rupee recovered from its record low by rising 18 paise to 68.61 against the US dollar in early trade on Friday on fresh selling of the American currency by banks and exporters.

The Indian currency on Thursday had breached the 69-mark but covered lost ground to finally close at an all-time low of 68.79 with a fall of 18 paise against the US dollar due to multiple headwinds like weak global cues and concerns related to inflation and fiscal slippage.

Selling of dollars by banks and exporters on Friday made the greenback weak against some currencies overseas, which supported the rupee, forex dealers said.

Higher opening of the domestic equity market also propped up the rupee, they added.

Meanwhile, the BSE benchmark Sensex rebounded by 142.86 points, or 0.40 per cent, to 35,180.50 in early trade on Friday.
| Edited by: Naqshib Nisar
Read full article
Loading...
Next Story
Next Story

Also Watch

facebookTwittergoogleskypewhatsapp
Most Active
Company Price Change %Gain
Bank of Baroda 116.35 +3.25 +2.87
Reliance 1,210.75 -6.40 -0.53
SBI 271.50 -2.30 -0.84
HDFC Bank 1,961.35 -27.85 -1.40
HDFC AMC 1,408.85 -127.35 -8.29
Company Price Change %Gain
Oracle Fin Serv 4,103.15 -158.70 -3.72
Maruti Suzuki 8,207.00 -193.10 -2.30
Reliance 1,210.30 -6.90 -0.57
HDFC AMC 1,408.55 -131.65 -8.55
Bank of Baroda 116.30 +2.85 +2.51
Top Gainers
Company Price Change %Gain
BPCL 365.05 +9.95 +2.80
Coal India 280.65 +7.45 +2.73
GAIL 384.55 +9.75 +2.60
Tech Mahindra 769.95 +15.25 +2.02
ONGC 177.00 +3.10 +1.78
Company Price Change %Gain
Coal India 280.55 +7.10 +2.60
ONGC 176.65 +3.30 +1.90
Tata Steel 620.45 +8.00 +1.31
Hero Motocorp 3,142.35 +30.70 +0.99
Kotak Mahindra 1,227.00 +10.75 +0.88
Top Losers
Company Price Change %Gain
Bajaj Finserv 6,312.05 -215.55 -3.30
IndusInd Bank 1,804.65 -57.50 -3.09
Zee Entertain 450.80 -13.75 -2.96
Bajaj Finance 2,499.55 -70.85 -2.76
UPL 692.30 -16.75 -2.36
Company Price Change %Gain
IndusInd Bank 1,805.00 -56.45 -3.03
Maruti Suzuki 8,207.00 -193.10 -2.30
HDFC Bank 1,961.95 -31.40 -1.58
Yes Bank 318.50 -4.65 -1.44
HDFC 1,831.15 -25.00 -1.35

Live TV

Loading...
Loading...