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Rupee trades up 8 paise against dollar at 64.51

Press Trust of India  |  Mumbai 

The rupee rose marginally by 8 paise to 64.51 against the today on increased selling of the greenback by banks and exporters, along with continued foreign funds inflow.

Apart from selling by exporters and banks, weakness in the dollar against other currencies overseas made the rupee stronger.

A good start in domestic equities added force to the rupee upmove, traders added.

Yesterday, the rupee had retreated from a two-week high against the US currency and ended lower by 6 paise at 64.59 on fresh bouts of dollar demand amid a Fed buzz.

Meanwhile, the benchmark rose 73.03 points, or 0.23 per cent, to 31,820.12 in early session.

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

First Published: Wed, July 12 2017. 09:42 IST