INSUBCONTINENT EXCLUSIVE:
INR Vs USD: Rupee opened higher at 71.84 and rose further to quote at 71.74.MUMBAI: The rupee appreciated by 16 paise to 71.74 against the
US dollar in early trade Monday at the interbank foreign exchange, amid weakness in the greenback against some currencies overseas and a
higher opening of domestic equities
Forex traders said, increased selling of the American currency by exporters and banks and sustained foreign fund inflows also supported the
At the interbank forex market, the rupee opened higher at 71.84 and rose further to quote at 71.74, showing a rise of 16 paise over its
benchmark, was trading 0.13 per cent down at $60.36 per barrel.Meanwhile, on net basis, foreign funds bought shares worth Rs 861.94 crore,
229.04 points, or 0.64 per cent, to trade at 3,6191.97
In similar movement, the NSE Nifty was trading 59.15 points, or 0.55 per cent, higher at 10,864.60.
