Take the pledge to vote

For a better tommorow#AajSawaroApnaKal
  • I agree to receive emails from News18

  • I promise to vote in this year's elections no matter what the odds are.
  • Please check above checkbox.

    SUBMIT

Thank you for
taking the pledge

But the job is not done yet!
Vote for the deserving candidate this year.

Check your mail to know more

Disclaimer:

Issued in public interest by HDFC Life. HDFC Life Insurance Company Limited (Formerly HDFC Standard Life Insurance Company Limited) (“HDFC Life”). CIN: L65110MH2000PLC128245, IRDAI Reg. No. 101 . The name/letters "HDFC" in the name/logo of the company belongs to Housing Development Finance Corporation Limited ("HDFC Limited") and is used by HDFC Life under an agreement entered into with HDFC Limited. ARN EU/04/19/13618
SPONSORED BY
LIVE TV DownloadNews18 App
News18 English
Powered by cricketnext logo
»
1-min read

Rupee Strengthens 29 Paise to 71.38 against US Dollar

The domestic unit opened with strength at Rs 71.39 at the Interbank Foreign Exchange and advanced further to trade at 71.38 against the US dollar. This is the highest level since September 4.

PTI

Updated:November 20, 2018, 11:56 AM IST
facebookTwittergoogleskypewhatsapp
Rupee Strengthens 29 Paise to 71.38 against US Dollar
Image for representative purposes only.
Loading...
Mumbai: Continuing its rising spree for the sixth straight day, the rupee appreciated by another 29 paise to trade at nearly three-month high of 71.38 against the dollar in opening trade on Tuesday on persistent foreign fund inflows.

Besides, the dollar's weakness against some currencies overseas also supported the rupee.

The domestic unit opened with strength at Rs 71.39 at the Interbank Foreign Exchange and advanced further to trade at 71.38 against the US dollar. This is the highest level since September 4.

Meanwhile, the Reserve Bank and the government Monday, agreed to refer to an expert committee the contentious issue of appropriate size of reserves that the RBI must hold, while restructuring of stressed loans of small businesses would be considered by the central bank.

The domestic currency had gained 26 paise to end at a 10-week high of 71.67 against the dollar Tuesday supported by steady forex inflows amid a crucial RBI board meeting.

Foreign institutional Investors (Fiis) bought shares worth Rs 1,103.36 crore Tuesday, as per provisional data.

Meanwhile, the benchmark BSE Sensex slipped by 104.41 points, or 0.29 per cent, to 35,670.47 in opening trade.
| Edited by: Ahona Sengupta
Read full article
Loading...
Next Story
Next Story

Also Watch

facebookTwittergoogleskypewhatsapp
 
T&C Apply. ARN EU/04/19/13626
 
Most Active
Company Price Change %Gain
Reliance 1,345.35 -2.93
HDFC Bank 2,268.70 -1.09
Jet Airways 154.70 -6.16
Yes Bank 238.35 -6.82
Indiabulls Hsg 733.95 -8.32
Company Price Change %Gain
Marico 364.25 -0.08
SpiceJet 125.15 -8.15
Jet Airways 154.60 -5.67
Yes Bank 238.40 -6.62
Larsen 1,358.85 -0.14
Top Gainers
Company Price Change %Gain
Wipro 288.25 1.21
Bharti Airtel 349.40 0.71
Tech Mahindra 805.35 0.62
Infosys 721.05 0.56
TCS 2,161.45 0.53
Company Price Change %Gain
Bharti Airtel 349.85 0.89
TCS 2,164.35 0.88
Infosys 720.60 0.59
NTPC 135.75 0.26
Power Grid Corp 194.60 0.21
Top Losers
Company Price Change %Gain
Indiabulls Hsg 733.95 -8.32
Yes Bank 238.35 -6.82
BPCL 340.10 -6.28
IndusInd Bank 1,691.00 -4.15
IOC 149.75 -4.07
Company Price Change %Gain
Yes Bank 238.40 -6.62
IndusInd Bank 1,691.45 -4.11
Reliance 1,344.80 -2.76
ICICI Bank 394.60 -2.54
HDFC 1,955.05 -2.44

Live TV

Loading...
Countdown To Elections Results
  • 01 d
  • 12 h
  • 38 m
  • 09 s
To Assembly Elections 2018 Results