LIVE TV DownloadNews18 App
News18 English
Powered by cricketnext logo
»
1-min read

Rupee Zooms Another 47 Paise in Dream Run

The rupee rose by another 47 paise to hit a new 16-month high at 65.22 against the dollar in early trade on Thursday at the Interbank Foreign Exchange on sustained foreign fund inflows and increased selling of the US currency by exporters and banks.

Press Trust Of India

Updated:March 16, 2017, 10:04 AM IST
facebookTwittergoogleskypewhatsapp
Rupee Zooms Another 47 Paise in Dream Run
Representative image (PTI)
Loading...

Mumbai: The rupee rose by another 47 paise to hit a new 16-month high at 65.22 against the dollar in early trade on Thursday at the Interbank Foreign Exchange on sustained foreign fund inflows and increased selling of the US currency by exporters and banks.

Forex dealers said that besides a higher opening in domestic equity market, the dollar's weakness against other currencies overseas after the Federal Reserve raised interest rates supported the rupee.

On Wednesday, the rupee had continued its stellar run against the dollar to finish at a fresh 16-month high of 65.69 as exporters aggressively offloaded the US currency ahead of the Fed meet outcome.

Meanwhile, the benchmark BSE Sensex shot up by 206.40 points, or 0.70 per cent, to trade at 29,604.51 in opening trade on Wednesday.

Read full article
Loading...
Next Story
Next Story

Also Watch

facebookTwittergoogleskypewhatsapp
Most Active
Company Price Change %Gain
Yes Bank 208.35 2.64
Jet Airways 269.70 -8.17
Zee Entertain 452.10 -1.03
Reliance 1,135.90 0.55
Infosys 736.80 1.40
Company Price Change %Gain
HDFC Bank 2,120.00 -0.05
Yes Bank 208.35 2.66
Jet Airways 271.00 -7.95
Natco Pharma 679.90 -1.68
Graphite India 752.50 8.33
Top Gainers
Company Price Change %Gain
Yes Bank 208.35 2.64
Indiabulls Hsg 829.60 2.57
IndusInd Bank 1,526.70 2.11
Wipro 336.55 2.05
BPCL 347.25 1.62
Company Price Change %Gain
Yes Bank 208.35 2.66
IndusInd Bank 1,526.90 2.02
Infosys 736.55 1.38
ICICI Bank 375.10 0.68
ONGC 146.00 0.62
Top Losers
Company Price Change %Gain
JSW Steel 286.45 -1.93
Bharti Infratel 275.85 -1.39
Bajaj Finance 2,569.85 -1.32
Vedanta 196.30 -1.31
UPL 766.10 -1.27
Company Price Change %Gain
Vedanta 196.25 -1.33
Bharti Airtel 333.35 -1.27
Asian Paints 1,389.00 -1.21
Hero Motocorp 2,880.05 -1.07
Bajaj Finance 2,572.95 -1.01

Live TV

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