Indian rupee rallied by another 45 paise to 61.87 against US dollar.

Indian rupee rallied by another 45 paise to 61.87 against US dollar.

Indian Rupee, Rupee vs dollar, Rupee rate, Dollar rate Indian rupee rallied by another 45 paise to log its one-and- half-month closing high of 61.87 against the Greenback during the week.

Rupee rebounded sharply after four consecutive sessions of losses

The rupee rebounded sharply after four consecutive sessions of losses as a weakening dollar prompted exporters to sell the US currency while a spurt in buying by foreign investors in domestic debt also helped.

Rupee gains 7 paise to 63.23 against the US dollar in morning trade

The rupee gains 7 paise to 63.23 against the US dollar in morning trade on fresh selling of the American currency by banks and exporters. It moved in a range of 63.22 and 63.32 per dollar during the morning trade.

Rupee closes at 63.30 a dollar

The rupee on Friday shed 19 paise against the dollar at 63.30 erasing it’s initial gains on account of strong demand for the US currency from oil companies amid flows in the domestic equity market.

Rupee strengthened by 8 paise to 61.86 against the dollar in early trade on Friday

Rupee strengthened by 8 paise to 61.86 against the dollar in early trade on Friday at the Interbank Foreign Exchange on increased selling of the US currency by exporters and banks amid a higher opening in the domestic equity market