Free Demo Request

Rupee recovers to 64.61 on dollar selling

Date 07-Nov-2017
Subject Rupee recovers to 64.61 on dollar selling

The rupee recovered by 7 paise to 64.61 against the dollar in early trade at the Interbank Foreign Exchange market today on increased selling of the US currency by exporters and banks.

Forex dealers said fresh foreign fund inflows and the dollar's weakness against a few currencies overseas supported the rupee. The rupee uptrend was also supported as domestic equities hit another record high in early trade.

Yesterday, the rupee had slipped from the six-week high level to close at 64.68, down 13 paise, on fresh demand for the American currency from banks and importers.

Meanwhile, the benchmark BSE Sensex advanced 122.44 points, or 0.36 per cent to hit an all-time high of 33,853.63, breaching its previous intraday record of 33,848.42, reached yesterday.

Source:- Thehindubusinessline.com

High-volume of Loyal
and Trusted Customers!

We feel pride in offering our customers the wide range of products of the top leading brands of the world.

BCG
Binani
Godrej
Induslnd Bank
Indian Oil
ITC Limited
Jindal Steel Power
Milton
Paharpur
Philips
Reliance
TATA Chemicals Limited
The Times of India
Wipro
Yamaha
Dalmia Bharat Cement
JCB
Pernod Ricard