Monday 11 January 2016

Rupee gains 11 paise in early trade recorded

During early trade at the interbank foreign exchange market the US currency gained 11 paise to 66.70 against the dollar on Tuesday rose. This opening up of the domestic market between the exporters and banks amid fresh selling of dollars occurred.

Forex dealers said selling of dollars by exporters and banks against currencies other than dollars helped the rupee weakness.

The domestic equity market trend higher helped by the introduction of money.

The rupee on Monday's trading had closed 18 paise down at 66.81.

Meanwhile, the BSE benchmark index 57.26 points, or 0.23 per cent in early trade reached Rs 24882.30.

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1 comment:

  1. aditi10 June 2016 at 03:07

    Economy of the country is affected by such actions. Also stock market discounts these information. Be a wise investor by updating yourself with market news and use accurate stock tips while trading so that your hard earned money is not wasted.

    ReplyDelete

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