Rupee recovers 8 paise to 68.86 against US dollar
Updated : July 25, 2018 01:40 PM IST
The rupee recovered from its initial sluggishness to trade higher by 8 paise to 68.86 against the American currency in late morning deals, following bouts of dollar selling from banks and exporters.
The rupee opened flat, slightly down by 68.96 from yesterday's closing level of Rs 68.94 at the interbank foreign exchange market here.
Later, the domestic unit rebounded to 68.75 per dollar before quoting at 68.86 at 1030 hrs.
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