Indian rupee gains 12 paise against US dollar

  • Indian rupee gains 12 paise against US dollar
09-04-2018 | Pratidin Bureau. |

The Indian rupee strengthened by 12 paise to 64.85 against the US dollar in early trade on April 09. The gain was based on fresh selling of the greenback by banks and exporters.

Besides, a higher opening of the domestic equity market and weakness in the dollar against other global currencies played an important role in the gain of the Indian rupee.

Data has also showed that the US economy created the least number of jobs in six months till March, which supported the rupee, said forex dealers.

Also, the benchmark BSE Sensex advanced by 44.26 points (0.13%), to 33,671.23 in early trade.

Source: PTI

Tags : Rupee Dollar Business News

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