HomeMarket NewsCurrency NewsRupee gains 19 paise against dollar in early trade

Rupee gains 19 paise against dollar in early trade

Fresh foreign capital inflows took the local currency higher but a lower opening of the domestic equity markets capped the rise, dealers said.

Profile image

By PTI June 22, 2018, 9:33:06 AM IST (Published)

Rupee gains 19 paise against dollar in early trade
The rupee firmed up by 19 paise to 67.79 against the dollar today after increased selling of the US currency by exporters and banks.


The dollar slipping from an 11-month peak against other currencies overseas as investors took profits also helped the rupee.

Further, fresh foreign capital inflows took the local currency higher but a lower opening of the domestic equity markets capped the rise, dealers said.

Yesterday, the rupee had appreciated by 10 paise to close at 67.98 against the greenback on sustained selling of the American currency by exporters and local banks.

The benchmark BSE Sensex fell by 50.91 points, or 0.14 percent, to 35,381.48 in opening trade.
Check out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!