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  Business   Economy  29 Jun 2017  Rupee makes a positive start, climbs up 10 paise against dollar

Rupee makes a positive start, climbs up 10 paise against dollar

PTI
Published : Jun 29, 2017, 11:28 am IST
Updated : Jun 29, 2017, 11:46 am IST

Yesterday, the rupee had shed 2 paise to close at 64.55 against the greenback in limited trade.

Representational Image.
 Representational Image.

Mumbai: The rupee made a positive start today by firming up 10 paise to 64.45 against the dollar, with domestic equities playing along.

According to forex dealers, fresh selling of the American currency by exporters and banks caused by its weakness overseas gave the rupee strength.

 

A higher opening in the domestic equity market only fuelled the uptrend.

Yesterday, the rupee had shed 2 paise to close at 64.55 against the greenback in limited trade on the back of stray dollar demand from importers.

In early trade today, the benchmark Sensex rose 159.85 points, or 0.51 per cent, to 30,994.17.

Tags: rupee, market, forex, dollar, rupee vs dollar, dealers, overseas market, equity, sensex, rupee opening
Location: India, Maharashtra, Mumbai (Bombay)