Rupee appreciates against dollar (1 viewing) (1) Guest
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TOPIC: Rupee appreciates against dollar
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Rupee appreciates against dollar 3 Years, 5 Months ago
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The Indian rupee today appreciated by 11 paise against the US dollar in early trade on increased dollar selling by exporters and banks amid firming Asian equity markets.
At the Interbank Foreign Exchange (forex) market, the domestic unit rose by 11 paise to 49.89 against the greenback in opening trade. The rupee had gained 15 paise at 50.00/02 against dollar yesterday.
Dealers attributed the rupee's gain to increased dollar selling by banks and exporters after a surging trend in global equity markets.
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