HEADLINES:
September 23 2019
Rupee gains 35 paise against dollar to 53.10
24 September 2012

The rupee rose by 35 paise to fresh over four-month high of 53.10 against the American currency in early trade today on persistent dollar selling by exporters and some banks, fearing further rise in rupee’s value.

Dealers said a higher opening in the equity market also supported the rupee. However, weak euro and yen against the dollar restricted the local unit’s gains, they added.

Meanwhile, the BSE benchmark index Sensex rose by 56.25 points, or 0.30 per cent, to 18,809.08.

The rupee had gained a hefty 93 paise to close at over four—month high of 53.45 against the dollar in Friday’s trade on the back of robust capital inflows.

 

 

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