Rupee soars to over 3-month high, at 53.30 vs US dollar

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Rupee today shot up by a staggering 47p to close at nearly a three-and-a-half-month high. (PTI) Rupee today shot up by a staggering 47p to close at nearly a three-and-a-half-month high. (PTI)
SummaryRupee today shot up by a staggering 47p to close at nearly a three-and-a-half-month high.

close of 157-159 paise.

Far-forward contracts maturing in December finished a tad lower at 317-319 paise from 317-1/2-319-1/2 paise.

The RBI has fixed the reference rate for the US dollar at 53.5678 and for euro at 72.2340.

The rupee improved further against the pound sterling to 84.04 from previous close of 84.58 and also shot up against the Japanese yen to 58.41 per 100 yen from 59.48.

It, however, turned negative to close at 72.26 per euro from last close of 72.21.

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