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Home International Markets

Indian rupee expands 8 paisa against dollar

byCustoms Today Report
24/11/2014
in International Markets
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Mumbai : The rupee become stronger by 8 paise against dollar in early business on Monday at the interbank Foreign Exchange on advertising of the US currency by exporters and banks amidst continued foreign capital inflows.
Forex dealers said apart from increased selling of the American currency by exporters and banks, the dollar’s weakness against some currencies overseas, supported the rupee.
A higher opening in the domestic equity market, which soared to new highs, too supported the rupee, they added.

Tags: dollarinterbank Foreign ExchangeRupee expandsUS currency

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