Rupee Edges Higher Against US Dollar

Posted By: Religare
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The Indian Rupee was trading higher against the US dollar on Monday as dollar eased in trade as the rally triggered by strong US data fizzled as sentiments were dented by the softer than expected non-farm payrolls performance for September.

Rupee Edges Higher Against US Dollar

At the Interbank Foreign Exchange Market, the local currency was up by 06 paise at 65.49 per dollar against a previous close of 65.55 per dollar at 12:25 hours.

Adding to it, firmness in the domestic equity market also boosted Rupee upward movement. Meanwhile, BSE SENSEX was at 31824.66, up by 10.44 points or by 0.03 per cent, and the NSE Nifty was at 9982.2, up by 2.5 points or by 0.03 per cent.

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