The rupee rose 10 paise to 44.94 per US dollar at the Interbank Foreign Exchange market today, supported by a rally in the domestic stock market and dollar’s weakness against the euro overseas.
Forex dealers said a higher opening in the stock market and the dollar’s losses against the euro and other currencies kept the rupee sentiment firm.
The domestic unit lost 9 paise to close at Rs 45.04/05 per dollar in the previous session on fresh dollar demand from importers.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.