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Rupee Strengthens Against US Dollar Today

Yesterday, the rupee had ended marginally lower by 3 paise at 64.92 against the US currency due to fresh spells of dollar demand from corporates amid global crude oil woes.
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Rupee Strengthens Against US Dollar Today
The rupee today spurted 13 paise to 64.79 against the US currency after a rush of dollar supply. This was mostly because banks and exporters increasingly unwound their dollar bets, according to traders.

The US currency today weakened against some currencies overseas. Domestic stock markets opening firm also supported the rupee, forex market participants said.

Yesterday, the rupee had ended marginally lower by 3 paise at 64.92 against the US currency due to fresh spells of dollar demand from corporates amid global crude oil woes.

The benchmark BSE Sensex rose by 45.15 points, or 0.13 per cent, to 33,606.70 in early noon session today.
 

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