Rupee up 30 paise against dollar

Tags: dollar, Rupee, News
The rupee is trading higher at 61.03/05 vs previous close of 61.34/35, tracking strength in equities. Local shares up 0.5 percent, tracking regional peers.

Foreign investors bought Indian shares worth $117.87 million on Thursday when the benchmark BSE Sensex fell 0.4 percent, provisional exchange data shows, highlighting the strong overseas interest for Indian equities.

The dollar's index against six major currencies currently down 0.05 percent.

Most other Asian currencies trading mixed compared with the dollar.

The U.S. dollar hovered near a three-week peak against a basket of major currencies early on Friday, but could struggle to extend gains as investors awaited more clarity on the U.S. Federal Reserve's policy path.

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E-mail ID will not be published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.

EDITORIAL OF THE DAY

  • With RBI’s role diluted, we are moving closer towards a super regulator

    The government and the Reserve Bank of India (RBI) have signed a monetary policy framework agreement last month under which RBI will be committed to b

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

Roopen Roy

The making of a digital Bharat

Exactly 20 years ago, Nicholas Negroponte of MIT Media Labs ...

Rajgopal Nidamboor

The eternal radiance of our being

We sense, we sight, we smell, we touch, we hear, ...

Shona Adhikari

Art world celebrates two ‘new’ Cezannes

The focus moves once more to post-impressionist Paul Cezanne, who ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture