Comments
The rupee was trading marginally higher at 67.83 in pre-close trade as the US currency retreated a tad against other currencies.
Forex dealers said weakness in the dollar against other currencies overseas on disappointing US economic data — showing wholesale inflation and industrial production flat in October — also supported the rupee.
The rupee opened at 67.91 and hit a high of 67.76 and a low of 67.93 in intra-day deals.
Yesterday, the rupee had lost 20 paise to end at near five—month low of 67.94 against the US currency in a highly volatile trade amid unabated dollar outflows.
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.