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Rupee down 5 paise vs dollar

Rupee down 5 paise vs dollar

Thu Aug 09 2018

 

Snapping its two-day rally, the rupee, on Thursday, ended lower by 5 paise at 68.68against the US dollar on renewed buying interest for the American currency even as domestic equities remained in a triumphant mode.

 

The rupee resumed with a gap up at 68.48 from Wednesday’s close of 68.63 at the interbank forex market on steady dollar selling by exporters. It later hit a session-high of 68.45 in mid-morning deals before eventually being pulled back to a low of 68.71. It finally settled the day at 68.68, showing amodest loss of 5 paise, or 0.07 per cent. The Indian currency had appreciated by a significant 25 paise in the last two days.

 

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

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