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Rupee Inches Upto 66.83 Against Dollar


The rupee edged up by 11 paise to Rs 66.83 against the dollar amid selling of dollars by banks and exporters. Check rates of major currencies here.

Rupee Inches Upto 66.83 Against Dollar

"Besides, the retail inflation in September dropping to 13-month low of 4.31 per cent and a higher opening of the domestic equity market also supported the rupee, but dollar's strength against some currencies overseas capped the gains", forex dealers said to PTI.

On Thursday, the rupee had depreciated by 41 paise, to close at fresh three-week low of 66.94 against the dollar dragged down by renewed concerns over interest rate hike by the US Federal Reserve.

The Dollar rose across major currencies to 97.80 levels on Thursday.

Meanwhile, the benchmark indices were seen trading flat after opening higher in trade.

Read more about: rupee dollar currency
Story first published: Friday, October 14, 2016, 11:10 [IST]
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