Rupee strengthenes by 7 paise to 62.15 against US dollar
The Rupee Strengthened By Seven Paise To 62.15 Against The US Dollar In Early Trade Today At The Interbank Foreign Exchange On Increased Selling Of The American Currency By Exporters And Banks.
PTI Mumbai Updated on: 23 Feb 2015, 12:47 PM
The rupee strengthened by seven paise to 62.15 against the US dollar in early trade today at the Interbank Foreign Exchange on increased selling of the American currency by exporters and banks.
Forex dealers said besides selling of the US currency by exporters and banks, a higher opening in domestic stock market and the dollar’s weakness against other currencies overseas, supported the rupee.
The rupee had closed with a gain of 12 paise against the US dollar at 62.22 in the previous session on Friday.
Meanwhile, the benchmark BSE Sensex rose by 113.19 points, or 0.38 per cent, at 29,344.60 in early trade.
For all the Latest Business News, Finance & Markets News, Download News Nation Android and iOS Mobile Apps.
First Published : 23 Feb 2015, 12:45 PM
More from Business
Take Control Of Your Financial Goals: Apply For A Personal Loan Now
Nihal Dangoria: An Indian Entrepreneur Making a Bright Future For The Real Estate Industry
Data breach incident at Extramarks highlights growing cybersecurity concerns in Indian companies
How is ePayLater empowering retailers across the country
Follow your heart, but don't ignore your mind When it comes to investing