Forex

Rupee trading strong at 68.12

PTI Mumbai | Updated on January 12, 2018 Published on January 16, 2017

rupee

The rupee was trading a tad strong at 68.12 in the evening session on mild dollar selling by banks and importers.

The domestic unit opened weak at 68.25 against the previous close of 68.16 at the Interbank Foreign Exchange market today.

It hovered in a range of 68.26 and 68.10 before quoting at 68.12, up 4 paise at 4.30 pm local time.

Meanwhile, the benchmark BSE index ended 50.11 points or 0.18 per cent firmer at 27,288.17.

In the overseas market, sterling fell as much as 1.5 per cent against the dollar and over 2 per cent against the yen.

Sterling skidded to its lowest levels - bar a “flash crash” in October - in 32 years on Monday, hit by fears that Prime Minister Theresa May will say on Tuesday that Britain is set for a “hard” Brexit out of the EU and its single market.



Published on January 16, 2017
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