INSUBCONTINENT EXCLUSIVE:
to 70.32 against US dollar in early trade amid weakness in American currency on uncertainty over Federal Reserve rate hikes following
release of Fed meet minutes
Forex traders said weakness in US dollar against other currencies overseas, falling crude oil prices and fresh foreign fund inflows pushed
Interbank Foreign Exchange, rupee opened weak at Rs 70.49, but soon appreciated to 70.32 against greenback, up 14 paise over its previous
at 60.89 per barrel, lower by 0.90 per cent
Meanwhile, foreign funds bought shares worth Rs 276.14 crore from capital markets on a net basis, while domestic institutional investors
0.08 per cent at 36,185.29, while NSE Nifty was trading at 10, 839.65, down 15.50 points, or 0.14 per cent.
