The rupee dropped marginally by 8 paise in early trade, exhibiting a more or less steady trend, despite weak Asian cues.
The currency was last trading at 62.44 to the dollar. The last few days have seen robust recovery in the rupee on the back of large scale fund inflows from foreign funds into the Indian markets.
Dealers say that the rupee would continue to grind higher as long as the Federal Reserve would continue to shelve the tapering off of its asset purchase programme.
The rupee after dropping to a historic low of 68.81 to the dollar has recovered following a slew of measures taken by the Indian central bank and the government of India.
The rupee is likely to remain rangebound in the next few trading sessions in the absence of any major cues.
GoodReturns.in
Notifications
Settings
Clear Notifications
No New Notifications
Notifications
Use the toggle to switch on notifications
Block for 8 hours
Block for 12 hours
Block for 24 hours
Don't block
To start receiving timely alerts, as shown below click on the Green “lock” icon next to the address bar
Click it and Unblock the Notifications
Close X
Close X
To Start receiving timely alerts please follow the below steps:
Click on the Menu icon of the browser, it opens up a list of options.
Click on the “Options ”, it opens up the settings page,
Here click on the “Privacy & Security” options listed on the left hand side of the page.
Scroll down the page to the “Permission” section .
Here click on the “Settings” tab of the Notification option.
A pop up will open with all listed sites, select the option “ALLOW“, for the respective site under the status head to allow the notification.
Once the changes is done, click on the “Save Changes” option to save the changes.
Click it and Unblock the Notifications
Sign in with Google