Business Economy


Rupee strengthens 11 paise against USD

Mumbai, May 19 (UNI) The Rupee on Monday gained further by 11 paise to close at 85.40 against USD on brisk selling of US Dollar from foreign banks and importers, dealers at the Forex Market said.
The domestic unit that fell by 8 paise at 85.59 in opening session, erased earlier losses and finished positive at 85 40, advancing 11 paise as compared to its previous close.
The Rupee was seen strong because of weak dollar against other world currencies, however, sliding equity market restricted from further rise, dealer informed.
The Rupee recorded days high and low at 85.36 and 85.61 respectively, dealer added.
UNI NV GNK
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Rupee jumps 78 paise to 85 97 against US dollar

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Mumbai, June 24 (UNI) Rupee on Tuesday depreciated by 78 paise to close at 85.97 against the US dollar, on weak dollar demand by bankers and importers as global crude oil prices eased after a ceasefire between Israel and Iran went into effect, reviving risk sentiment, forex trader said
Positive close in the domestic equity market also helped rupee to gain, trader added
The currency opened 64 paise higher at 86.11 against the dollar. It closed the previous session at 86.75
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