For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

Rupee gains 10 paise in early trade on strong cues

|
Rupee gains 10 paise in early trade on strong cues
The rupee gained 10 paise in early trade on the back of strong global cues. The currency was last trading at Rs 62.31, up 10 paise over Thursday's close.
 

Today's gains was after a significant fall in the currency on Thursday on poor equity sentiments.

The rupee has been rangebound in the last few months, after falling to a historic low of 68.81 against the dollar in Sept last year.

Despite the US Federal Reserve twice tapering its QE3 programme, the rupee has shown remarkable resilience, thanks to a fall in the current account deficit. Read how lower current account deficit helps the country here

GoodReturns.in

Read more about: dollar qe3 us federal reserve
Story first published: Friday, February 14, 2014, 9:58 [IST]
Company Search
Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more