Rupee edges up on share gains

Is seen in a range of 61.90 to 62.20 for the rest of the session

<a href="http://www.shutterstock.com/pic-107101346/stock-photo--indian-rupees-high-resolution-seamless-texture-indian-money-seamless-texture.html" target="_blank">Online</a> image via Shutterstock
Reuters
Last Updated : Feb 24 2014 | 3:37 PM IST
The rupee is trading at 61.99/62.01 versus its close of 62.12/13 on Friday, helped by gains in the domestic sharemarket and some dollar inflows.

Traders say two foreign banks were seen selling the greenback, pushing the pair below the 62 mark, but good buying was seen from importers around those levels.

The BSE Sensex is up 0.4%, touching its highest intra-day level since January 29.

The rupee is seen holding in a 61.90 to 62.20 range for the rest of the session.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Feb 24 2014 | 3:31 PM IST

Next Story