INSUBCONTINENT EXCLUSIVE:
70.28 against the US dollar on Wednesday on easing crude oil prices even as the greenback strengthened vis-a-vis other major currencies
Forex traders said heavy buying in domestic equities and robust foreign fund inflows also propped up the rupee
This is the second successive session of gain for the domestic currency, during which it has climbed 64 paise
At the Interbank Foreign Exchange (forex) market, the rupee opened on a weak note at 70.60.Intra-day, it fluctuated between 70.67 and 70.25,
before finally closing at 70.28, up 21 paise over its previous close
at $65.61 per barrel, lower by 0.38 per cent.Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six
Sensex furthered its gains for the third straight session Wednesday, rising over 193 points to 36,636.10
(FPIs) purchased shares worth Rs 1,130.78 crore, while domestic institutional investors (DIIs) offloaded equities to the tune of Rs 878.45
at 70.5798 and for rupee/euro at 79.7660
