 "Rupee appreciate further by 17 paise vs US dolllar in late morning deals")
The rupee appreciated further from its early gains by 17 paise to 63.31 against the American unit in late morning trade on bouts of dollar selling from banks and exporters as well as firm equities.
Earlier, the rupee opened higher 63.35 against last closing level of 63.48 at the Interbank Foreign Exchange market.
It was quoting at 63.31 at 1100hrs on sustained bouts of dollar selling.
Overseas, in New York the dollar was up against its major rivals in early trade, after overnight broader pressure on renewed hopes that cash-strapped Greece was a step closer to securing fresh funding.
Meanwhile, the BSE Sensex was trading higher by 127.57 points or 0.47% to 27,304.56 in late morning trade.
Earlier, the rupee opened higher 63.35 against last closing level of 63.48 at the Interbank Foreign Exchange market.
It was quoting at 63.31 at 1100hrs on sustained bouts of dollar selling.
Also Read
The rupee hovered in a range of 63.45 and 63.31 during morning deals.
Overseas, in New York the dollar was up against its major rivals in early trade, after overnight broader pressure on renewed hopes that cash-strapped Greece was a step closer to securing fresh funding.
Meanwhile, the BSE Sensex was trading higher by 127.57 points or 0.47% to 27,304.56 in late morning trade.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →*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
SAVE 25%