India’s Rupee rises against US Dollar at 8 Paise

India’s Rupee rises against US Dollar at 8 Paise

Today, Rupee gains 8 Paise against the United States Dollar in early trade, amid kind selling of US currency and fall in the prices of crude oil, reports source. Yesterday, India’s Rupee has closed at 72.69, with a loss of 6 Paise against the Dollar.

Weakness in US Dollar against several global currencies higher opening and overseas of the domestic equity market that supported India’s Rupee, citing currency traders, reports source.

In the meantime, futures of Brent crude falls 4 cents at $81.83 a barrel by 0342 GMT. It earlier gained 1 percent in the previous session, said the source. Yesterday, Brent closes with a rising amount to its highest at $82.55 per barrel, since November 2014.

by Chandrani Sarkar on September 26, 2018

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