News Nation Logo


Rupee gains 6 paise against US dollar

PTI | Updated on: 17 Oct 2018, 09:42:03 AM
Rupee gains 6 paise against US dollar


The rupee strengthened by 6 paise to 73.42 against the US dollar in early trade on Wednesday on increased selling of the American currency by exporters and banks.

Forex dealers said weakness in the dollar against some currencies overseas and a higher opening of domestic equity markets gave some support to the rupee.

Read More | #MeToo: Kailash Kher wanted to make love to me: Another singer calls out Kailash Kher and Toshi Sabri for sexual harassment

On Tuesday, the rupee had climbed 35 paise to close at nearly two-week high of 73.48 per dollar amid softening crude oil prices and easing concerns over the trade deficit.

Meanwhile, the benchmark BSE Sensex jumped 391.18 points, or 1.03 per cent, to 35,553.66 in the opening trade.

For all the Latest Business News, Download News Nation Android and iOS Mobile Apps.

First Published : 17 Oct 2018, 09:41:55 AM

Related Tags:

Rupee Dollar Sensex Nifty Crude