Rupee up 10 paise against dollar at 67.40

Mumbai | The rupee rose 10 paise against the US dollar to 67.40 in early trade today amid weakness in the greenback against other currencies overseas ahead of key central bank policy meetings and the US-North Korea summit this week.

Besides, selling of the American currency by exporters and banks and a higher opening in the domestic equity market influenced the rupee uptrend, forex dealers said.

On Friday, the rupee had plunged by 38 paise or 0.57 percent to close at a fresh one-week low of 67.50 against the US currency amid worries over rising global crude prices and capital outflows.

Meanwhile, the benchmark BSE Sensex rebounded by 148.70 points, or 0.41 percent, at 35,592.37 in early trade today.

Dear Readers,
As an independent media platform, we do not take advertisements from governments and corporate houses. It is you, our readers, who have supported us on our journey to do honest and unbiased journalism. Please contribute, so that we can continue to do the same in future.

Related posts