Live
- SP orders speedy disposal of PGRS petitions
- 11 get placement after completing CPBFI
- Balineni dares Chevireddy for an open debate
- SRM hosts IRIS-2024 summit
- Make AP solar hub: CM
- Pakistan Protests: PTI Supporters March Towards Islamabad, Demanding Imran Khan's Release
- Additional Collector Conducts Surprise Visit to Boys' Hostel in Wanaparthy
- Punjab hikes maximum state-agreed price for sugarcane, highest in country
- Centre okays PAN 2.0 project worth Rs 1,435 crore to transform taxpayer registration
- Punjab minister opens development projects of Rs 120 crore in Ludhiana
Rupee appreciates 20 paise against in early trade
Rupee opened at 69.28 at the interbank forex market, then gained further ground and touched 69.14.
Mumbai: The rupee appreciated by 20 paise to 69.14 against the US dollar in opening trade on Friday, driven by sustained foreign fund inflows and higher opening of domestic equities.
The rupee opened at 69.28 at the interbank forex market, then gained further ground and touched 69.14, displaying gains of 20 paise over its last close.
The rupee on Thursday had strengthened by 20 paise to close at 69.34 against the US dollar.
Forex dealers said, selling of the American currency by exporters and positive opening in domestic equities supported the rupee.
Fresh foreign fund inflows also supported the rupee, they added.rue
Foreign institutional investors (FIIs) remained net buyers in the capital markets, putting in Rs 1,482.99 crore on a net basis Thursday, as per provisional data.
Brent crude futures, the global oil benchmark, slipped 0.01 per cent to USD 67.22 per barrel.
Meanwhile, the benchmark BSE Sensex was trading higher by 148.89 points, or 0.39 per cent, at 37,903.78; while the NSE Nifty was trading at 11,374.45, higher by 31.20 points, or 0.28 per cent.
