Rupee marches up, 3 paise gained

Ever since the fall of rupee, it had constantly started marching up by gaining 3 paise against US dollar. Weakness of the US dollar against other currencies helped the rupee to gain three paise. Rupee is found improve for past six days in a stretch.

At an early trade at the Interbank Foreign Exchange, due to selling of the greenback by the banks and people who export led to the fall in dollar and increase in rupee

There has also been persistent selling of the dollars by banks which has helped rupee to gain in the past six days. Rupee had gained 4 paise yesterday.

This article was posted on 2016-09-29.

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