Saturday, May 25 2019 | Time 00:21 Hrs(IST)
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Business Economy


Rupee strengthens by 46 paise versus USD

Mumbai, Feb 12 (UNI) The Rupee remained firm for the sixth day in a row, as it rallied by 46 paise to 70.71 on Tuesday on brisk selling of US Dollars by bankers and importers, dealers at Forex Market said.

The local unit rose by 9 paise to 71.07 in opening trade.
It remained firm the whole day, as it shot up by 46 paise to close firm at 70.71 as compared to its last close.

A major fluctuation was seen during the day as it registered day high and low at 71.21 and 70.69 respectively.

Weak dollar against some other currencies overseas and foreign capital inflows in the domestic equity markets boosted the same, however, sliding equity market capped from further gain, they added.
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