Rupee rises 8 paise to 62.15 vs dollar in late morning trade | business | Hindustan Times
Today in New Delhi, India
May 23, 2017-Tuesday
-°C
New Delhi
  • Humidity
    -
  • Wind
    -

Rupee rises 8 paise to 62.15 vs dollar in late morning trade

The rupee gained eight paise to 62.15 against the US currency in late morning trade on Friday on selling of dollars by banks and exporters on persistent foreign capital inflows into equities.

business Updated: Feb 21, 2014 12:57 IST
rupee

The rupee gained eight paise to 62.15 against the US currency in late morning trade on Friday on selling of dollars by banks and exporters on persistent foreign capital inflows into equities.

The rupee resumed higher at 62.19 per dollar as against the last closing level of 62.23 per dollar at the Interbank Foreign Exchange (Forex) Market.

It hovered in a range of 62.20-62.09 per dollar before quoting at 62.15 at 1045 hours.

Sustained foreign capital inflows coupled with recovery in the equity market mainly boosted the rupee value against the dollar, a forex dealer said.

The Sensex rose by 186.62 points, or 0.91 %, to 20,723.26 at 1045 hours.

However, in New York market, the US dollar gained against many of its rivals yesterday despite mixed data that raised questions about economic growth.