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Rupee up by 11 paise at 64

Rupee up by 11 paise at 64.32 on dollar selling

Mon June 19 2017

 

The rupee advanced by 11 paise to 64.32 against the US dollar due to selling of the American currency by exporters and banks.

 

The rupee sentiment was also buoyed by firm equities. But the dollar's strength against other currencies overseas restrcited the rupee's gains.

 

On Friday, the rupee had closed higher by 10 paise at 64.43 against the US dollar, taking cues from encouraging export numbers for May.

 

Meanwhile, the benchmark BSE Sensex bounced 146.23 points or 0.47 per cent to 31,202.63 in early trade.

 

Source: http://www.thehindubusinessline.com/

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