ZCZC
BCN-08
INDIA-RUPEE-USD
Rupee up 10 paise against dollar
Mumbai, Jun 11, 2018 (BSS/PTI) – The rupee rose 10 paise against the US
dollar to 67.40 in early trade today amid weakness in the greenback against
other currencies overseas ahead of key central bank policy meetings and the
US-North Korea summit this week.
Besides, selling of the American currency by exporters and banks and a higher
opening in the domestic equity market influenced the rupee uptrend, forex
dealers said.
On Friday, the rupee had plunged by 38 paise or 0.57 per cent to close at a
fresh one-week low of 67.50 against the US currency amid worries over rising
global crude prices and capital outflows.
Meanwhile, the benchmark BSE Sensex rebounded by 148.70 points, or 0.41 per
cent, at 35,592.37 in early trade today.
BSS/PTI/HR/1015