INSUBCONTINENT EXCLUSIVE:
Rupee Dollar Rate: Rupee touched a high of 68.50 in early trade.The rupee on Thursday surged by 20 paise to end at a one-week high of 68.57
against the US dollar buoyed by a steep fall in crude prices and a strong rally in equity markets
Forex market witnessed a revival in sentiment after crude prices plunged the most in two years on supply glut worries after Libya said its
four oil export terminals were reopening, ending a standoff that had closed most of its oil output
The benchmark Brent crashed over 7 per cent yesterday before regaining some lost ground in early Asian trade at $74.80 a barrel
The Indian currency gained further ground even as the US dollar was strong in global markets amid trade war concerns between the US and
progressing monsoon also lent support to the rupee
remained net sellers in the stock markets as they sold shares worth Rs 742 crore on net basis, according to the provisional data
The rupee opened higher at 68.67 against last close of 68.77 at the Interbank Foreign Exchange (forex) market on sustained selling of the
revealing a healthy gain of 20 paise, or 0.29 per cent
Reserve rate hikes this year
The dollar index, which measures the greenback's value against basket of six major currencies, was down at 94.50.
