Rupee Gains Further; Opens at 63.05 to the Dollar

Posted By:
Subscribe to GoodReturns

The Rupee rallied for a second day in a row against the US dollar after global cues remained strong and the US Dow Jones gaining sharply in trade.

Rupee Gains Further; Opens at 63.05 to the Dollar
The rupee was last trading at 63.05 to the dollar, up 6 paise over Thursday's close of 63.11 to the dollar. Dealers say that the upside in the rupee would be restricted given the fact that Russian worries could drag emerging market currencies lower.

Fund flows from FIIs has also been weak in the last few days, which could exert pressure on the dollar. Check currency rates here

Read more about: dollar
Story first published: Friday, December 19, 2014, 9:11 [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