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Rupee gains 25 paise against US dollar

Rupee gains 25 paise against US dollar

Mon Mar 11 2019

 

 

The Indian rupee Monday advanced by 25 paise to close at 69.89 against the US dollar in line with a strong rally in domestic equities, reflecting positive investor sentiments amid hopes that the incumbent NDA government will get the second term.

 

Besides, sustained foreign fund inflows also helped the rupee trade higher.

 

At the interbank foreign exchange, the Indian unit opened on a positive note at 69.99 against the dollar and hit a high of 69.8250 and low of 70.03. It finally settled the day at 69.89, showing 25 paise gains.

 

Source: Hindu business line.

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