Rupee gains 57 paise to close at 81.78 against U.S. dollar
The Hindu
The rupee opened at 82.20 and touched an intra-day high of 81.72 and a low of 82.26 against the U.S. dollar
The rupee gained 57 paise to close at 81.78 (provisional) against the US dollar on Tuesday, the biggest single-day gain since November.
Forex traders said the rupee was the best performer among Asian currencies and now has the support of 81.70.
At the interbank foreign exchange market, the local unit opened at 82.20 and touched an intra-day high of 81.72 and a low of 82.26 against the greenback.
It finally ended at 81.78 (provisional), registering a rise of 57 paise over its previous close.
On Monday, the rupee settled at 82.35 against the U.S. dollar.
The dollar index, which gauges the greenback's strength against a basket of six currencies, advanced 0.12% to 103.12.
The rupee became the best performer among the Asian currencies following stop order triggers and inflows from bond selling, said Dilip Parmar, Research Analyst, HDFC Securities.
Flight AI177 will depart Bengaluru at 1.05 p.m. and arrive at London Gatwick at 7.05 p.m. (local time). From London Gatwick, flight AI178 will depart at 8.35 p.m. (local time) and arrive in Bengaluru at 10.50 a.m. (next day arrival). From Bengaluru, the flight will operate on Mondays, Wednesdays, Thursdays, Fridays and Sundays.