For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

Rupee trades higher on positive equities

|

Rupee trades higher on positive equities
The partially convertible India rupee gained 23 paise on Tuesday against dollar in the Interbank Foreign Exchange.

The rupee sentiment was boosted by dollar selling from exporters and banks.

 

The Indian currency opened at 54.80 per dollar against 55.06 yesterday. At 11.30 am IST rupee was seen trading at 54.84 per dollar up by 22 paise.

On Monday, the RBI Deputy Governor Subir Gokarn said that the central bank will intervene in forex market to curb excessive volatillity in the exchange rate.

Dollar strengthened against Euro after Moody's decision to downgrade France.

Meanwhile, the benchmark Sensex rose by 76points, while the 50-share NSE Nifty rose by 22 points.

GoodReturns.in

Read more about: currency dollar equities
Story first published: Tuesday, November 20, 2012, 11:32 [IST]
Company Search
Get Instant News Updates
Enable
x
Notification Settings X
Time Settings
Done
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X