Rupee edges up tracking share gains, seen ranged

Tags: Rupee, News
The rupee is trading at 59.67/68 versus its close of 59.73/74 as gains in the domestic sharemarket raise hopes for continuation of foreign fund inflows.

Overseas investors bought Indian shares worth $159.20 million on Thursday, provisional exchange data shows.

The BSE Sensex is trading up 0.2 percent.

The rupee is expected to hold in a range of 59.40 to 59.80 during the session. Most other Asian currencies also trading stronger compared to the dollar.

The Reserve Bank of India on Thursday restored the overseas investment limit of Indian companies to 400 percent of the firm's net worth after the rupee rebounded from last year's record low levels against the dollar.


  • All the debates are glossing over the key question if children are eating healthy food

    For some time now, we have been strapped in noodle debates. First Maggie noodles and now our own swadeshi noodles that Baba Ramdev is making.


Stay informed on our latest news!


Sarthak Raychaudhuri

vice-president, HR, Asia South Whirlpool of India

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs


Amita Sharma

Smart cities for the smart citizens

The 21st century has been spoken of as the urban ...

Zehra Naqvi

Baby and you

Every person who’s had a chance to be a parent ...

Bubbles Sabharwal

Women of the world, unite for a change

Last week I attended the Women in the World forum ...


William D. Green

Chairman & CEO, Accenture