Snapping its 2-day losing streak, the rupee recovered by 26 paise to close at 66.22 against the US dollar today on fresh selling of the greenback by banks and exporters in overseas markets amidst fall in equities.
MUMBAI: The Indian rupee extended gains in afternoon trading on Tuesday, rebounding further from a two-year low against the dollar earlier in the day, after China's central bank cut interest rates and simultaneously relaxed reserve requirements.
According to Angel Broking, Indian Rupee is likely to trade sideways owing to strength in the US Dollar Index which in turn will keep the Indian Rupee pressurized. However, any major weakness will invite selling by the state-owned banks on behalf of ...
The Indian rupee traded at Rs18.11 vs Dh1 at 7.20am UAE time, making a fresh 23-month low. The rupee famously made its lifetime low of Rs18.55 vs Dh1 on September 3, 2013, and has traded around today's levels during only a handful of other sessions.
NEW DELHI (Alliance News) - The Indian rupee strengthened against the US dollar in the morning deals on Wednesday. Against the greenback, the rupee rose to a 5-day high of 66.1500 from an early low of 66.4500.