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Rupee up 3 Paise at 64.05 on Fresh Dollar Selling

Date 17-May-2017
Subject Rupee up 3 Paise at 64.05 on Fresh Dollar Selling

MUMBAI, MAY 17: The rupee made a tepid start today by recovering a mere 3 paise to 64.05 against the dollar.

According to forex dealers, the rupee sentiment was buoyed on fresh dollar selling by banks and exporters amid a weak dollar against other currencies overseas.

A muted opening in domestic equities also restricted the rupee's gains.

Yesterday, the rupee had closed lower by 3 paise at 64.08 on fresh spell of dollar demand.

Meanwhile, the benchmark Sensex fell 57.74 points or 0.18 per cent to 30,524.86 in early trade.

Source: Thehindubusinessline.com

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