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.

EDITORIAL OF THE DAY

  • Because our politicians elbowed out our teachers on Teachers’ Day

    The Swachch Bharat campaign made the highest leaders sweep. Teachers’ Day is making them teach.

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

Sarthak Raychaudhuri

vice-president, HR, Asia South Whirlpool of India

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

TODAY'S COLUMNS

Sachin Shridhar

Crouching tiger, hidden dragon

The Chinese are consummate gamblers. If you visit a casino ...

Zehra Naqvi

Capturing change

The pace of change in the world around us can ...

Gautam Gupta

Bring on the Benares brigade

It was in 2003 when I first started work and ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture