Rupee trades higher at 60.01 to the dollar

Subscribe to GoodReturns
For Quick Alerts
For Daily Alerts
     Rupee trades higher at 60.01 to the dollar
    The rupee gained 7 paise against the dollar to trade at 60.01 as against its previous close of 60.08. The rupee has been rallying on the back of strength in equities and on the back of strong dollar inflow from foreign funds.

    Dealers say that the rupee will continue to gain against the dollar as global cues continue to remain strong.

    The Reserve Bank of India on Wednesday adjusted debt investment limits for various kinds of foreign investors, allowing medium-term investors to invest an additional $5 billion, while reducing by the same quantum the limits for long-term investors in government bonds. Check rupee rates here

    Read more about: dollar rbi
    Story first published: Thursday, July 24, 2014, 11:34 [IST]
    Company Search
    Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'

    Find IFSC

    Get Latest News alerts from Goodreturns

    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