Rupee climbs 26 paise against dollar

Exporters and banks stepped up selling of the American currency, helping the rupee

Indian Rupee
Press Trust of India Mumbai
Last Updated : Jul 11 2016 | 9:48 AM IST
Rupee traded higher by 26 paise at 67.11 against the US dollar today as exporters and banks stepped up selling of the American currency.

Forex dealers said a strong opening in domestic equity markets beefed up the rupee, but dollar's strength against other currencies overseas following bigger-than-expected jump in US job creation capped rupee's gains.

The rupee had gained 2 paise to close at 67.37 on Friday after fresh selling of the greenback amid volatile domestic equities.

Meanwhile, the Sensex soared 404.46 points, or 1.49%, to 27,531.36 in early trade.

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First Published: Jul 11 2016 | 9:42 AM IST

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