Rupee closes at 18.62 against dirham

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Rupee closes at 18.62 against dirham

Mumbai - The Indian currency gained on fresh selling of the US currency by banks and exporters.

By PTI

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Published: Tue 3 Jan 2017, 2:59 PM

Last updated: Tue 3 Jan 2017, 6:09 PM

The rupee gained against the dirham in trade on Tuesday, ending at 18.62 to the UAE currency at the close of trade.

Against the dollar, the currency closed at 68.34 to the greenback.

The Indian currency gained on fresh selling of the US currency by banks and exporters.

Dealers said fresh selling of the American unit by exporters and banks and the dollar's weakness against other currencies overseas supported the rupee.

On Monday, the Indian currency had lost 30 paise to 68.22 against the US dollar due to huge demand for the American currency.


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