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Rupee rebounds 20 paise vs dollar

Rupee rebounds 20 paise vs dollar

Tue Aug 07 2018

 

The rupee made a spirited recovery from a two-week lowto end higher by 20 paise at 68.68 against the US currency on fresh bouts of dollar selling by exporters and banks. The rupee opened lower at 68.91 against 68.88 previously at the interbank forex market. It slipped further to hit a low of 68.93 in early deals before witnessing a strong trend reversal.

 

It touched a session-high of 68.66 before ending at 68.68, revealing a gain of 20 paise, or 0.29 per cent.

 

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

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