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Rupee spurts 18 paise against US dollar in early trade

Increased selling of the dollar by exporters and banks and a higher opening in the domestic equity market supported the rupee

The strengthened by 18 paise to 66.84 against the in early trade at the Interbank Foreign Exchange on Thursday on selling of the US currency by exporters and banks amid foreign fund inflows.

A fall in against major world currencies globally, after the decided against lifting interest rates, also helped the gain strength, dealers said.

Besides, increased selling of the by exporters and banks and a higher opening in the domestic equity market supported the rupee, they added.

On Wednesday, the had closed almost flat at 67.02 against the American unit amid caution ahead of the policy decision.

Meanwhile, the benchmark BSE Sensex zoomed by 364.80 points, or 1.27 per cent, at 28,871.92 in early session on Thursday.

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Business Standard
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Business Standard

Rupee spurts 18 paise against US dollar in early trade

Increased selling of the dollar by exporters and banks and a higher opening in the domestic equity market supported the rupee

Press Trust of India  |  Mumbai 

Indian rupee currency notes
Indian rupee currency notes

The strengthened by 18 paise to 66.84 against the in early trade at the Interbank Foreign Exchange on Thursday on selling of the US currency by exporters and banks amid foreign fund inflows.

A fall in against major world currencies globally, after the decided against lifting interest rates, also helped the gain strength, dealers said.

Besides, increased selling of the by exporters and banks and a higher opening in the domestic equity market supported the rupee, they added.

On Wednesday, the had closed almost flat at 67.02 against the American unit amid caution ahead of the policy decision.

Meanwhile, the benchmark BSE Sensex zoomed by 364.80 points, or 1.27 per cent, at 28,871.92 in early session on Thursday.

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Rupee spurts 18 paise against US dollar in early trade

Increased selling of the dollar by exporters and banks and a higher opening in the domestic equity market supported the rupee

Increased selling of the dollar by exporters and banks and a higher opening in the domestic equity market supported the rupee
The strengthened by 18 paise to 66.84 against the in early trade at the Interbank Foreign Exchange on Thursday on selling of the US currency by exporters and banks amid foreign fund inflows.

A fall in against major world currencies globally, after the decided against lifting interest rates, also helped the gain strength, dealers said.

Besides, increased selling of the by exporters and banks and a higher opening in the domestic equity market supported the rupee, they added.

On Wednesday, the had closed almost flat at 67.02 against the American unit amid caution ahead of the policy decision.

Meanwhile, the benchmark BSE Sensex zoomed by 364.80 points, or 1.27 per cent, at 28,871.92 in early session on Thursday.
image
Business Standard
177 22

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