Rupee strengthens to 63.91 on sustained dollar selling

PTI Updated - December 07, 2021 at 01:47 AM.

rupee

The rupee was trading strong at 63.91 against the US currency in the evening session on sustained bouts of dollar selling by banks and exporters.

The rupee resumed higher at 64.14 per dollar against yesterday’s closing level of 64.16 at the Interbank Foreign Exchange (forex) market.

The domestic unit further strengthened to 63.91, before being quoted at 63.91, up 25 paise at 4.35 pm local time.

The local currency moved in a range of 64.11 and 63.91 in the evening trade.

Globally, the US dollar were a tad lower against its major rivals in early Asian trade as investors remained cautious ahead of a two-day US Federal Reserve meeting beginning later this session.

Meanwhile, the benchmark BSE Sensex ended down by 102.15 points or 0.37 per cent at 27,459.23.

Published on July 28, 2015 04:21