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Rupee advances 11 paise to 63.26 against US dollar

Press Trust of India  |  Mumbai 

The strengthened by 11 paise to trade at 63.26 against the in opening session today on selling of the greenback by exporters and banks amid gains in stocks which scaled record levels.

dealers said continued foreign fund inflows and weakness in the greenback against other currencies overseas supported the

Furthermore, a higher opening in the domestic equity market gave the uptrend some momentum, they added.

On Friday, the ended at a 32-month high of 63.37, up 4 paise on steady unwinding of the American by exporters.

Meanwhile, the benchmark rallied 178 points, or or 0.52 per cent, to trade at an all-time high of 34,331.85 and the breached the 10,600 for the first time in opening trade today.

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

First Published: Mon, January 08 2018. 09:35 IST