Live
- 2024 on track to be hottest year on record
- PM Modi’s visit to Solapur: Women applaud ‘Double-Engine’ government’s initiatives
- Nagarkurnool MLA Dr. Kuchukulla Rajesh Reddy Campaigning in Maharashtra Elections
- Wife Kills Husband with Her Lover: Details of Veldanda Murder Case Revealed by SP Gaikwad
- Strict Action on Violations of Food Rights: Telangana Food Commission Chairman Goli Srinivas Reddy
- Smooth Conduct of Group-3 Exams with Strict Security Measures: Collector Badavath Santosh
- Delhi HC orders cancellation of LOC issued against Ashneer Grover, wife
- Shami’s absence a major blow for India in BGT, says Paul Adams
- Will organize protests at borders if attack on minority Hindus in Bangladesh not stopped: Bengal LoP
- Dutch Ambassador Marisa Gerard Meets Telangana CM A. Revanth Reddy in Delhi
Rupee gains 8 paise to 73.24 against US dollar in early trade
The rupee strengthened by 8 paise to 7324 against the dollar in early trade on Monday on increased selling of the US currency by exporters and banks amid easing crude prices
Mumbai: The rupee strengthened by 8 paise to 73.24 against the dollar in early trade on Monday on increased selling of the US currency by exporters and banks amid easing crude prices.
Forex dealers said weakness in the dollar against a few currencies overseas and early gains in domestic equities gave some support to the rupee. At the Interbank Foreign Exchange, the rupee opened lower at 73.36 and dipped further to 73.38 but soon recovered the lost ground and rose to 73.24 on increased selling of the American currency by exporters and banks.
On Friday, the rupee had settled 29 paise higher at 73.32 against the US dollar, amid a weakening greenback. Globally, Brent crude, the international benchmark was trading 0.44 per cent down at USD 79.65 per barrel. Meanwhile, the benchmark BSE Sensex rose 321.41 points, to 34,637.04 in opening trade.
