Rupee rises 10 paise against dollar in opening trade

Dealers said dollar's weakness against a basket of currencies supported the domestic unit.

Published: 26th March 2018 09:46 AM  |   Last Updated: 26th March 2018 09:46 AM   |  A+A-

A cashier displays the new 2000 Indian rupee banknotes inside a bank in Jammu, November 15, 2016. (Photo | Reuters)

For representational purposes (File | Reuters)

By PTI

MUMBAI: The rupee strengthened by 10 paise to 64.91 against the US dollar at the interbank forex market today on sustained selling of the greenback by exporters and banks amid foreign capital inflows.

Dealers said dollar's weakness against a basket of currencies supported the domestic unit.

On Friday, the rupee had gained 10 paise to end at 65.01 against the US currency which suffered losses in global markets on intensifying trade war worries.

Meanwhile, the benchmark BSE Sensex fall by 60.10 points, or 0.18 per cent, to 32,536.44 in opening trade today.

According to the provisional exchange data, foreign investors bought shares worth Rs 1,628.19 crore on a net basis on Friday.

 

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