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Rupee rises 82 paise against US dollar

By Religare

The Indian rupee appreciated by 0.82 paise to Rs 66.2050 against the US dollar on Tuesday as a result of fresh selling of the US currency by banks and exporters. Further, a weakening of dollar overseas also supported the domestic currency. The stock markets also recovered in early trade on Tuesday by gaining over 300 points that helped rupee strengthen against the dollar. At MCXSX, USDINR for August 2015 contract traded at Rs. 66.2050 per dollar, rupee appreciated by 0.82 paise, after opening at Rs. 66.7450 against the previous closing price of Rs. 66.7550. Rupee rose to Rs. 66.1300 per dollar with a business volume of 2236329 lots till the trading. (At 3.21 PM today)


At the Chicago Mercantile Exchange (CME), EURUSD future traded at US$1.1535 per euro (USD appreciated by 0.41 per cent against EUR) and GBPUSD future traded at US$1.5791 per pound (USD depreciated by 0.23 per cent against GBP) (At 3.19 PM today).

S&P CNX NIFTY, at NSE, was trading at 7,906.45, up by 1.25 per cent, after opening at 7,895.40 against the previous closing of 7,809. It touched the intra-day high of 7,925.40 till the trading. (At 3.15 PM today).

Story first published: Tuesday, August 25, 2015, 23:00 [IST]
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