Forex

Rupee recoups 23 paise to 66.7/$

PTI Mumbai | Updated on January 16, 2018 Published on October 14, 2016

rupee

The rupee on Friday staged a smart recovery from its three-week low against the US currency to close 23 paise higher at 66.71 on heavy corporate dollar sales as well as easing inflationary pressure.

Better-than-expected consumer inflation data supported the recovery momentum, a dealer said. However, lacklustre performance in domestic equities alongside a strong dollar overseas limited the rupee appreciation, the dealer said.



Published on October 14, 2016
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