Published on 11/10/2017 1:25:14 PM | Source: Dion Global Solutions Ltd
Rupee trades higher against US dollar
The Indian Rupee was trading higher against the US dollar on Wednesday as dollar demand eased in trade as investors shifted focus to riskier appetite, which pushed exporters and banks increasingly away from the greenback. At the Interbank Foreign Exchange Market, the local currency was up by 04 paise at 65.39 per dollar against a previous close of 65.43 per dollar at 12:55 hours.
During the day’s trade so far, the rupee touched an intra-day high of 65.36 after opening at 65.36. Adding to it, firmness in the domestic equity market also boosted Rupee upward movement. Meanwhile, BSE SENSEX was at 32045.86, up by 121.45 points or by 0.38 per cent, and the NSE Nifty was at 10056.85 up by 39.9 points or by 0.4 per cent.
