Early trade shows 11 paise gain by rupee

Today on 27-09-2016, rupee gained 11 paise against USD in an early trade today. Rupee is found to show a upward curve climbing up for past four days in a row. They claim that the fall in USD is due to the repeated selling of US currency by the exporters and banks.

Dollar has been showing weakness against the foreign currencies which is helping Indian Rupee to gain its strength and shown uptrend for the past 4 days continuously. If this momentum continues, there is will a considerable increase in rupee against dollar globally.

Bombay Stock Exchange on tuesday increased by 0.48 percent, which is 138.46 points.

This article was posted on 2016-09-27.

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