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Rupee strengthens by 10 paise to 64

Rupee strengthens by 10 paise to 64.49 on dollar selling

Thu Nov 02 2017


The rupee advanced 10 paise to 64.49 against the dollar today as the US Federal Reserve had on Wednesday kept the interest rates unchanged and kept the window open for a December hike.


Dollar selling by banks and exporters aided the uptrend.


The rupee sentiment was also buoyed as the dollar pulled back from a 3-1/2-month high versus the yen, sagging ahead of a US tax Bill that will be unveiled after a one-day delay.


Yesterday, the rupee had surged 16 paise to end at an over one-month high of 64.59 against the US currency due to heavy dollar selling.


Meanwhile, the BSE index Sensex was up 15.57 points at 33,615.84 in early trade.



Tuesday, October 16, 2018
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