Comments
The rupee ended at 67.27 against the dollar on Monday.
Staying with its winning momentum for the fourth consecutive day, the rupee had opened up at 67.24 against the previous close of 67.32.
The rupee traded between 67.28 and 67.14 in intra-day deals.
Dealers said a higher opening in the domestic equity market amid hopes of pick-up in foreign capital inflows and a weakening dollar against other currencies overseas added to the rupee’s gains.
On Friday, the rupee had risen 20 paise to settle at 1-1/2 week high of 67.32 on persistent dollar selling amid firm equities.
Comments
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.