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Rupee jumps 5 paise against dollar to 64.25

Press Trust of India  |  Mumbai 

Extending its climb for the third day, the rupee appreciated by another 5 paise to 64.25 against the in early session today amid a higher opening of domestic equities.

Dealers said sustained selling of the greenback by banks and exporters backed up the rupee. The dollar turned weak against other currencies overseas even after the US Federal Reserve lifted and gave a more hawkish outlook.



Yesterday, the rupee had gained 3 paise to end at 64.30 against the on persistent selling of the American currency by exporters and also helped by a cooling inflation.

The benchmark rose 73.53 points, or 0.23 per cent, to 31,229.44 in early trade today.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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Rupee jumps 5 paise against dollar to 64.25

Extending its climb for the third day, the rupee appreciated by another 5 paise to 64.25 against the US dollar in early session today amid a higher opening of domestic equities. Dealers said sustained selling of the greenback by banks and exporters backed up the rupee. The dollar turned weak against other currencies overseas even after the US Federal Reserve lifted interest rates and gave a more hawkish outlook. Yesterday, the rupee had gained 3 paise to end at 64.30 against the US dollar on persistent selling of the American currency by exporters and also helped by a cooling inflation. The benchmark Sensex rose 73.53 points, or 0.23 per cent, to 31,229.44 in early trade today. Extending its climb for the third day, the rupee appreciated by another 5 paise to 64.25 against the in early session today amid a higher opening of domestic equities.

Dealers said sustained selling of the greenback by banks and exporters backed up the rupee. The dollar turned weak against other currencies overseas even after the US Federal Reserve lifted and gave a more hawkish outlook.

Yesterday, the rupee had gained 3 paise to end at 64.30 against the on persistent selling of the American currency by exporters and also helped by a cooling inflation.

The benchmark rose 73.53 points, or 0.23 per cent, to 31,229.44 in early trade today.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

image
Business Standard
177 22

Rupee jumps 5 paise against dollar to 64.25

Extending its climb for the third day, the rupee appreciated by another 5 paise to 64.25 against the in early session today amid a higher opening of domestic equities.

Dealers said sustained selling of the greenback by banks and exporters backed up the rupee. The dollar turned weak against other currencies overseas even after the US Federal Reserve lifted and gave a more hawkish outlook.

Yesterday, the rupee had gained 3 paise to end at 64.30 against the on persistent selling of the American currency by exporters and also helped by a cooling inflation.

The benchmark rose 73.53 points, or 0.23 per cent, to 31,229.44 in early trade today.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

image
Business Standard
177 22