Rupee rises 8 paise to 66.71/$

PTI Mumbai | Updated on January 15, 2018 Published on November 01, 2016


The rupee made further ground against the American currency, appreciating 8 paise to end at 66.71 on continuous dollar unwinding from exporters and banks.

Subdued overseas sentiment ahead of the Federal Reserve’s two-day monetary policy meet outcome largely influenced the forex market, with investors probably unwilling to take long commitments.

Better-than-expected manufacturing sector growth, which climbed to a 22-month high in October, also aided the rupee, regardless of the fall in equities.

Published on November 01, 2016
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