Rupee gains 10 paise at 60.84 to the dollar

Subscribe to GoodReturns
For Quick Alerts
For Daily Alerts
    Rupee gains 10 paise at 60.84 to the dollar
    71.183 US Dollar
    The rupee gained 10 paise at 60.84 to the dollar as against its previous close of 60.94. The rupee had dipped sharply on Wednesday on worries of an interest rate hike.

    However, there was some recovery today on the back of recovery in global cues. Stocks were also expected to open strong on firm global cues.

    Dealers say the rupee is likely to trade in the 60-61 range for a few weeks in the absence of any major cues. The forex markets would continue to be worried by interest rate hikes in the US.

    The Indian rupee has recovered sharply against the dollar in the last one year from record lows of 68.86 seen in August 2013. check currency rates here

    Read more about: dollar currency stocks
    Story first published: Thursday, September 11, 2014, 9:09 [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

    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