The rupee opened the day stronger at 59.09 to the dollar, as against Friday's closing of 59.17. The rupee has been moving in a range and dealers expect it to continue to trade in a band until the Union Budget will be declared.
There has been some forex inflows from Foreign Institutional Investors (FIIs) which has pushed the rupee a little higher in the last one week.
The currency has staged a remarkable recovery since hitting a historic low of 68.86 against the dollar in August last year. However, further gains for the rupee may not be advisable from the current levels, given that it could hurt exports in the coming days. Hence, one would not be surprised if the RBI keeps buying dollars to prevent further gains in the rupee. Check currency rates here
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