Rupee Moves up Against Dollar in Morning Trade

10-Mar-2017
Rupee Moves up Against Dollar in Morning Trade

MUMBAI, MARCH 10: The rupee gained 4 paise to 66.67 against the dollar in early trade today at the Forex market on increased selling of the US currency by exporters and banks amidst higher opening in the domestic equity market.

At about 10 am, the rupee was quoting at 66.69 after trading between 66.72 and 66.67 in early deals.

Forex dealers said that besides selling of the American currency by exporters and banks, weakness of the dollar against other currencies overseas also supported the rupee.

Further, a higher opening in the domestic equity market influenced the rupee uptrend, they added.

Yesterday, the rupee closed flat at 66.71 against the dollar as cautious traders avoided taking any position ahead of the exit polls outcome and concerns over an impending Fed rate hike next week.

Source: Thehindubusinessline.com

Seair is proud to have a loyal customer base from big brands.

We have successfully served many reputable clients for Import-Export Data Information Services. Here are some of our clients:

View All

Get a free Import-Export data demonstrative report on desired products.

We don’t offer any assistance over buying or selling any products.

Thank You

Big thanks to showing your interest in SEAIR Exim Solutions. We’ve currently received your request for data information. We will return on the same query in a short span of time.