1. Indian rupee strengthens against US dollar, closes 11 paise up at 67.04 

Indian rupee strengthens against US dollar, closes 11 paise up at 67.04 

Indian rupee strengthened against the US dollar at Interbank Foreign Exchange market (Forex) on Thursday

By: | Updated: July 28, 2016 5:09 PM
Indian rupee vs US dollar Indian rupee strengthened against the US dollar at Interbank Foreign Exchange market (Forex) on Thursday (Photo: Reuters)

Indian rupee strengthened against the US dollar at Interbank Foreign Exchange market (Forex) on Thursday and closed 11 paise up at 67.04 amid selling of the American currency by banks and exporters and a positive closing of domestic stocks markets.

In the early trade , the local currency was trading 13 paise up at 67.01 against the dollar (at 9.45 am). The currency had closed higher by 13 paise at 67.14 a dollar on Wednesday.

Dollar’s weak movement against other currencies overseas after the US Federal Reserve left interest rates unchanged. Sustained foreign fund inflows also supported the rupee sentiments.

The BSE Sensex settled 184.29 points up at 28,208.62, while NSE Nifty 50 index closed 50.50 points higher at 8666.30.

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