Rupee gains 13 paise against U.S. dollar in early trade
The Hindu
However, rising crude prices in the international market and foreign fund outflows capped the rupee gains, forex traders said
The rupee appreciated 13 paise to 74.26 against the U.S. dollar in opening trade on August 23, tracking a strong rally in the domestic equities and weak American currency overseas. However, rising crude prices in the international market and foreign fund outflows capped the rupee gains, forex traders said. At the interbank foreign exchange, the rupee opened strong at 74.27 against the dollar, then lost some ground to quote 74.26, registering a rise of 13 paise over its previous close.More Related News