Rupee pares some gains, up 8 paise against US dollar

Press Trust of India  |  Mumbai 

The pared some gains in late morning deals, up 8 paise at 64.89 against the greenback on dollar-selling by and exporters amid higher domestic equities.

The opened higher at 64.85 per as against last Friday's close of 64.97 at the foreign exchange here.

The domestic unit hovered between a high of 64.85 and a low of 64.98 in morning deals, it was trading higher at 64.89 at 1030 hrs.

Struggling overseas after dismal US jobs data kept the domestic unit higher, a said.

Meanwhile, the US steadied against its peers in early Asian trade, having retreated late last week due to concerns over US-trade tensions and following data that showed the US created the fewest jobs in six months in March.

The 30-share BSE Sensex was trading higher by 161.46 points, or 0.48 per cent, at 33,788.43 at 1040 hrs.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, April 09 2018. 10:55 IST