Rupee rises 26 paise to 70.88 against USD in early trade
Business | September 13, 2019 10:44 ISTForex traders said fall in global crude oil prices and fresh foreign fund inflows also enthused investors.
Forex traders said fall in global crude oil prices and fresh foreign fund inflows also enthused investors.
At the interbank foreign exchange, the rupee opened at 71.48, registering a rise of 23 paise over its previous close of 71.71.
The rupee appreciated by 16 paise to 68.79 against the US dollar in opening trade Wednesday, driven by positive opening in domestic equities and weakening of the greenback in overseas markets.
The rupee appreciated by 15 paise to 68.92 against the US dollar in opening trade Friday, driven by positive opening in domestic equities and easing crude oil prices.
On Monday, the rupee had retreated from a near two-week high by ending 4 paise lower at 68.57 against the US currency.
Mumbai: The rupee today rose for the first time in four days and closed 11 paise higher at 58.93 against the US dollar following late selling of the American currency by exporters, amid stable local
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