Rupee at six-week high against dlr, gains 11 paise

Tags: Rupee, Banking
The rupee today appreciated by 11 paise to trade at a six-week high against

RELATED ARTICLES

the US currency on increased capital inflows and dollar's losses against a basket of major world currencies.

At the Interbank Foreign Exchange market, the rupee was quoted 11 paise higher at 46.08 a dollar, the highest since June 28, in early trade. The rupee had closed 3 paise lower at 46.19/20 against the dollar yesterday.

Dealers said capital inflows by foreign funds into equities supported the rupee sentiment.

FIIs made a net investment of about Rs 860 crore in stocks yesterday, according to the SEBI data.

The dollar weakened against a basket of major currencies yesterday, which also supported rupee, they added.

Meanwhile, the Bombay Stock Exchange index Sensex rose by 33.49 points, or 0.18 per cent to 18,206.32 points in the opening trade today.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.
Image CAPTCHA
Copy the characters (respecting upper/lower case) from the image.

FC NEWSLETTER

Stay informed on our latest news!

EDITORIAL OF THE DAY

  • Opportunity to cash in on US, Europe sanctions against Iran

    You choose your friends but not your neighbours.

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

Urs Schöttli

Japan’s living national treasures

While the world is fascinated by the economic “miracles” in ...

Robert Clements

Cherish good times and accept bad ones

Initially, I was angry and confused, I was even repentant…,” ...

Bubbles Sabharwal

Mothers just see things differently; they can’t help it

Before we begin on mothers, I have to share this ...