Indian Rupee improves by 2 paise against USD
Mumbai/UNI: The Rupee on Monday rose further by two paise to end positive at 76.27 on renewed selling of US Dollar by bankers and exporters, dealers at the forex market said.
The local unit that opened negative at 76.39, down by 10 paise in opening trade, later erased earlier losses and finished positive at 76.27, up by two paise, as compared to it's last close.
The domestic unit registered day's high and low at 76.25 and 76.42, respectively.
The Rupee advanced because of weak dollar against other world currencies, despite weak Indian equity market, the dealers said.
The forex market will remain close on Tuesday for 'Dr Ambedkar Jayanti,' the dealers added.
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
Support objective journalism for a small contribution.
