The rupee on Tuesday saw a marginal two paise increase in its value at 64.33 a dollar, still holding its highest level in over a month against the US currency which hit multi-month lows against rivals. This is the highest closing for the domestic currency since June 14, when it had hit 64.30. A massive sell-off in local equities largely kept forex market sentiment little shaky despite the sluggish dollar tone overseas even as emerging market currencies remained subdued.
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.