Business Economy


Rupee rises by 7 paise against USD

Rupee rises  by 7 paise against USD

Mumbai, June 12 UNI) The rupee on Thursday further appreciated by 7 paise at 85.44 in the opening session on weak demand for US dollar by bankers and importers amid strong capital inflow, forex traders said.

This appreciation comes amid various global and domestic economic factors influencing the currency markets, traders added.

The Indian rupee opened 8 paise up at 85.43 against the US dollar against Wednesday close of 85.51

The partially convertible rupee recorded intraday high and low at 85.40 and 85.48 respectively, dealers added.

UNI JS PRS

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