Indian rupee climbs 26 paise to 67.11 against dollar

By: | Published: July 11, 2016 9:49 AM

Forex dealers said a strong opening in domestic equity markets beefed up the rupee, but dollar's strength against other currencies overseas following bigger-than-expected jump in US job creation capped rupee's gains.

Indian rupee vs US dollarThe rupee had gained 2 paise to close at 67.37 on Friday after fresh selling of the greenback amid volatile domestic equities.

Indian rupee traded higher by 26 paise at 67.11 against the US dollar today as exporters and banks stepped up selling of the American currency.

Forex dealers said a strong opening in domestic equity markets beefed up the rupee, but dollar’s strength against other currencies overseas following bigger-than-expected jump in US job creation capped rupee’s gains.

The rupee had gained 2 paise to close at 67.37 on Friday after fresh selling of the greenback amid volatile domestic equities.

Meanwhile, the Sensex soared 404.46 points, or 1.49 per cent, to 27,531.36 in early trade.

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