Tuesday, Sep 27, 2022

Rupee snaps 9-day losing run, recoups 20 paise vs US dollar

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

Rupee,Forex, sensex, sensex today, nifty, nse, bse, bse india, markets today, todays markets, india markets, asian markets, business news, india sensex, sensex fall, sensex rise, market news, currency, Pound Sterling, Euro, falling streak, greenback, reference rate, Interbank Foreign Exchange Market Forex dealers said weakness in the dollar against other currencies overseas also supported the rupee.

Reversing its nine-day losing trend, the rupee today recovered 20 paise to 67.55 against the US dollar in early trade on fresh selling of the American currency by exporters and banks amid a higher opening in the domestic stock markets.

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

On Tuesday, the rupee had lost 26 paise, or 0.39 per cent, to end at a fresh 2-1/2 month low of 67.75 on sustained demand for the American currency.

[related-post]

Subscriber Only Stories
Re-Defining The Tradition In Folk Art: An Art Educator’s PerspectivePremium
Symbiosis School of Sports Sciences (SSSS) launches undergraduate program...Premium
MIT World Peace University launches Five-Year Integrated B.Tech with MBA ...Premium
Bring Home The Ultimate Solution For The Whole Family With Airtel Xstream...Premium

Meanwhile, the benchmark BSE Sensex surged by 304.86 points, or 1.20 per cent, at 25,610.33 in early session on Tuesday.

First published on: 25-05-2016 at 10:13:43 am
Next Story

Greece gets new funds approved by eurozone creditors

Latest Comment
Post Comment
Read Comments
Advertisement
Advertisement
Advertisement
X