For Quick Alerts
For Daily Alerts

Rupee Up 18 Paise Against US Dollar


The rupee firmed up further in late morning deals and was trading higher by 18 paise to quote at 66.64 following sustained selling of the greenback by banks and exporters amid weakness of dollar overseas on the back of higher equities.

Check other currency rates

Rupee Up 18 Paise Against US Dollar

The domestic unit resumed marginally higher at 66.77 per dollar as against yesterday's level of 66.82 at the Interbank Foreign Exchange (Forex) market.

It hovered in a range of 66.79 to 66.62 per dollar during the morning deals before quoting 66.64 at 1030 hrs.

The dollar index was down 0.28 per cent at 95.85 as against a basket of six currencies in the early trade.

"The USD-INR currency pair has been under pressure, close to touching the psychological level of 67 per dollar, tracking weakness in other Emerging Market currencies." The dollar firm against the yen and other currencies as equities stabilise, a forex dealer said.

However, oil prices remained weak as the global economic outlook darkened further and cooperation between oil producing countries to curb oversupply looked unlikely.

Meanwhile, the benchmark BSE Sensex was trading higher by 54.37 points or 0.22 per cent to 24,948.18 at 1120 hrs.


Read more about: currency dollar
Company Search
Get Instant News Updates
Notification Settings X
Time Settings
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
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