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Rupee goes up 11 paise to 64.34 against US dollar

Press Trust of India  |  Mumbai 

The rupee strengthened 11 paise to trade at 64.34 against the in the morning session today riding on higher foreign funds inflows.

The domestic currency received a boost from fresh selling of the American unit by exporters and banks amid a better opening in domestic equities.

However, a strong dollar overseas squeezed the rupee's gains, traders added.

On Friday, the rupee had ended flat at 64.45 against the US currency in an otherwise quiet and range-bound trade amid weaker dollar sentiment overseas.

The benchmark rose 73.69 points, or 0.23 per cent, to 32,094.44 points in early trade today.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, July 17 2017. 09:42 IST