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Rupee Strengthens to 67.81

Date : 06-Jan-2017
Subject : Rupee Strengthens to 67.81

MUMBAI, JAN 6:  Maintaining its good form for the third day, the rupee appreciated 15 paise to 67.81 against the dollar in early session today, underpinned by a firm domestic equity market.

Forex dealers said besides selling of the American currency by exporters and banks, dollar’s weakness against other currencies overseas gave the rupee an upperhand.

Further, a firm domestic equity market influenced the rupee uptrend, they added.

On Thursday, the rupee had risen 9 paise to close at 67.96 on sustained dollar unwinding from banks and exporters.

Meanwhile, the benchmark BSE Sensex jumped by another 103.48 points, or 0.38 per cent, at 26,981.72 in early trade.

Source: Thehindubusinessline.com

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