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Rupee rises 3 paise to 70

Rupee rises 3 paise to 70.46/$  

Wed Dec 05 2018

 

The rupee ticked higher by 3 paise to 70.46 against the US dollar on Wednesday amid weakness in the greenback and easing crude oil prices.

 

At the Interbank Foreign Exchange (forex) market, the rupee opened lower at 70.70 and lost further ground to hit a low of 70.75.

 

The local unit, however, pared the initial losses and finally ended the session at 70.46 to the US dollar, up 3 paise.

 

On Tuesday, the rupee had slipped 3 paise to close at 70.49. 

 

Source: https://www.thehindubusinessline.com/

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