​​​
  1. Rupee recovers slightly, up 4 paise against USD in early trade

Rupee recovers slightly, up 4 paise against USD in early trade

A slight weakness was seen in the American unit against some currencies including yen on fears that US President Donald Trump would take up trade issues with Japan.

By: | Updated: September 7, 2018 9:46 AM
rupee, dollar, USD INR Rupee recovers slightly, up 4 paise against USD in early trade.

The rupee Friday opened on a positive note and was trading marginally higher by 4 paise at 71.95 to the US dollar. A slight weakness was seen in the American unit against some currencies including yen on fears that US President Donald Trump would take up trade issues with Japan.

The dollar trend overseas supported the rupee but losses in domestic equities kept investors mood dampened, capping the domestic currency’s gains. The rupee Thursday plunged to new record low of 72.11 a dollar in intra-day trade before closing at 71.99, showing a steep 24 paise fall.

Also read: Share Market Live: Sensex dives 167 points, Nifty loses 11,500

Meanwhile, the benchmark Sensex fell 165.72 points, or 0.43 per cent, to 38,077.09 in early trade.

Get live Stock Prices from BSE and NSE and latest NAV, portfolio of Mutual Funds, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

Go to Top