Indian rupee gains for second straight day, ends 2 paise up at 67.37 against US dollar

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Updated: July 8, 2016 6:03:14 PM

Indian rupee gained for second straight day on Friday as the currency closed marginally higher against dollar on selling of dollar by banks and exporters.

Indian rupee vs US dollarIndian rupee vs US dollar: Indian currency touched a high and low of 67.50 and 67.30 respectively. (Photo: Reuters)

Indian rupee gained for second straight day on Friday as the currency closed marginally higher against dollar on selling of dollar by banks and exporters.

The Indian currency closed 2 paise higher at 67.37 on Friday against 67.39 on Thursday. The currency touched a high and low of 67.50 and 67.30 respectively.

The sterling also finished lower at Rs 87.41/43 per pound against the rupee at the close of the Interbank Foreign Exchange market.

Reference rate for the dollar on the Reserve Bank of India’s (RBI) stood at 67.45 and for Euro stood at 74.71 on July 8, 2016. The central bank’s rate for the yen stood at 67.15. The reference rates are based on 12 noon rates of a few select banks in Mumbai.

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