Rupee up 11 paise against dollar in late trade

Priya sundarajan Updated - January 15, 2018 at 10:10 PM.

The rupee was trading marginally higher at 67.83 in pre-close trade as the US currency retreated a tad against other currencies.

Forex dealers said weakness in the dollar against other currencies overseas on disappointing US economic data — showing wholesale inflation and industrial production flat in October — also supported the rupee.

The rupee opened at 67.91 and hit a high of 67.76 and a low of 67.93 in intra-day deals.

Yesterday, the rupee had lost 20 paise to end at near five—month low of 67.94 against the US currency in a highly volatile trade amid unabated dollar outflows.

Published on November 17, 2016 11:20