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Rupee gains 18 paise against dollar

Press Trust of India  |  Mumbai 

Rising for the third day, the firmed up by 18 paise to 68.45 against the US dollar in opening trade today on continued selling of the American by exporters and banks amid foreign capital inflows.

Forex dealers said besides sustained selling of the greenback, a higher opening of the domestic equity markets boosted the local unit at the interbank forex market.

However, the dollar's strength against some currencies overseas capped the gains.

Yesterday, the had gained by 5 paise to end at 68.63 against the US

The benchmark BSE Sensex rose 162.56 points, or 0.42 per cent, to hit an all-time high of 38,050.12. The NSE Nifty too scaled a new peak of 11,495.20 in early trade today.

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

First Published: Thu, August 09 2018. 09:35 IST
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