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Rupee opens well in early trade, bounces back 15 paise against US dollar

The rupee on Monday slumped to a record low of 72.67 a dollar in intra-day trade before closing at 72.45, showing a steep 72 paise fall on growing fears of contagion from an emerging-market rout

Press Trust of India  |  Mumbai 

Rupee recovers 15 paise against USD in early trade

The rupee Tuesday opened on a positive note by inching 15 paise higher at 72.30 against the amid increased selling by banks and exporters.

Besides, dollar's weakness against some currencies overseas including the also supported the rupee, dealers said.

The rupee on Monday slumped to a new record low of 72.67 a dollar in intra-day trade before closing at 72.45, showing a steep 72 paise fall on growing fears of contagion from an and escalation of a 

Meanwhile, the benchmark rose 95.32 points, or 0.25 per cent, to 38,017.49 in opening trade.

First Published: Tue, September 11 2018. 09:35 IST
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