Advertisement

HindustanTimes Sat,20 Sep 2014

Rupee up 4 paise in early trade on selling of dollar by exporters

PTI  Mumbai, June 25, 2013
First Published: 11:04 IST(25/6/2013) | Last Updated: 11:07 IST(25/6/2013)

The rupee on Tuesday strengthened by four paise to 59.64 against the US dollar in early trade at the Interbank Foreign Exchange market, on selling of US currency by exporters.

Advertisement

Forex dealers said besides dollar selling by exporters, a higher opening in domestic equity market helped the rupee to strengthen.

The rupee had lost 41 paise to close at new life-time low of 59.68 on Monday.

Meanwhile, the BSE benchmark index on Tuesday recovered by 72.95 points, or 0.39%, to 18,613.84 in early trade.


Advertisement
more from Business

Alibaba's big debut: Here are the 10 things you want to know

China's e-commerce giant Alibaba began trading its shares Friday on the New York Stock Exchange. Here are ten things to know about Alibaba, and why its initial public offering made history.
markets
Advertisement
Most Popular
Advertisement
Advertisement
Copyright © 2014 HT Media Limited. All Rights Reserved