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Rupee gains by 14 paise to 66.97 on fresh dollar selling

By Religare

The Indian rupee appreciated by 0.14 paise to Rs 66.9700 against the US dollar on Thursday as a result of fresh dollar selling by banks and exporters in the midst of firm equity market. However, the dollar's strength against other currencies overseas as well as a lower opening at the domestic equity market capped the gains in the local unit.

At MCXSX, USDINR for December 2015 contract traded at Rs. 66.9700 per dollar, rupee appreciated by 0.14 paise, after opening at Rs. 67.0750 against the previous closing price of Rs. 67.0650. Rupee rose to Rs. 66.9400 per dollar with a business volume of 627200 lots till the trading. (At 2.17 PM today).


At the Chicago Mercantile Exchange (CME), EURUSD future traded at US$1.0975 per euro (USD appreciated by 0.39 per cent against EUR) and GBPUSD future traded at US$1.5166 per pound (USD appreciated by 0.10 per cent against GBP) (At 2.17 PM today).

S&P CNX NIFTY, at NSE, was trading at 7,655.85, down by 0.57 per cent, after opening at 7,643.30 against the previous closing of 7,612.50. It touched the intra-day low of 7,610 till the trading. (At 2.17 PM today).

Story first published: Thursday, December 10, 2015, 23:00 [IST]
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