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Business Economy


Rupee strengthens 14 paise against USD

Rupee strengthens 14 paise against USD

Mumbai, Feb 11 (UNI) Rising for the fifth straight session, rupee on Monday strengthened 14 paise to 71.16 against the US Dollar. The gain recorded against the greenback on increased selling of US Dollars by bankers and importers, dealers at Forex Market said.

Rupee opened at 71.26 a dollar, up by four paise against its previous close of 71.30.



A major fluctuation was seen during the day as it registered day high and low at 71.29 and 71.09, respectively.

The weak dollar against some other currencies overseas and foreign capital inflows in the domestic equity markets supported the rupee, a negative close in domestic equity market capped the gains, they added.

On Friday, the rupee had ended 15 paise higher at 71.30 against the US dollar.

UNI JS SM GK 1756

More News

CEAT Limited launches second Truck Service Hub in AP

24 Aug 2019 | 7:11 PM

Kadapa, Aug 24 (UNI) CEAT Limited, a leading Indian tyre manufacturer has launched its second Truck Service Hub (TSH) in this district of Andhra Pradesh.

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Govt withdraws enhanced surcharge on tax payable on transfer of certain assets

Govt withdraws enhanced surcharge on tax payable on transfer of certain assets

24 Aug 2019 | 3:46 PM

New Delhi, Aug 24 (UNI) Tax payable on gains arising from the transfer of derivatives (Future & options) by foreign portfolio investment (FPI) which are liable to special rate of tax under section 115AD of the Act will be exempted from the levy of the enhanced surcharge, government said on Saturday.

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Bullion Market Closing rates

24 Aug 2019 | 3:12 PM

Chennai, Aug 24 (UNI) Following is the bullion markets
closing rate here today.

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BUSINESS-KERALA-RUBBER CLOSING

24 Aug 2019 | 2:46 PM

Kottayam, Aug 24 (UNI) Following were the rubber rates announced
by the Rubber Board here today per quintal
Kottayam
RSS FOUR 14000
RSS FIVE 13600
Kochi
RSS FOUR 14000
RSS FIVE 13600.

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Kozhikode Coir Market

24 Aug 2019 | 2:44 PM

Kozhikode, Aug 24 (UNI) Following were the rates in the
Kozhikode Coir Market today per quintal.

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