Sat, Nov 09, 2024 | Jumada al-Awwal 7, 1446 | DXB ktweather icon0°C

Rupee gains against dollar, reaches 17.73 vs dirham

Top Stories

Rupee gains against dollar, reaches 17.73 vs dirham

Mumbai - The weakness in the dollar against other currencies overseas supported the rupee.

Published: Wed 15 Nov 2017, 10:02 AM

Updated: Wed 15 Nov 2017, 12:14 PM

  • By
  • PTI

The rupee edged up 8 paise to 65.34 against the dollar (17.73 against the UAE dirham) dollar in opening trade today on fresh selling of the US currency by exporters.

Forex dealers said fresh inflow of foreign funds and weakness in the dollar against other currencies overseas supported the rupee.

However, a lower opening of domestic equities and a widening trade deficit to almost a three-year high capped the gains.

Yesterday, the rupee had ended flat to close at 65.42 against the US currency due to fag-end demand for the greenback amid ballooning trade deficit.

Meanwhile, the benchmark BSE Sensex fell by 113 points, or 0.34 per cent, at 32,828.87 in early session today.



Next Story