नवीनतम
Rupee rises 18 paise to 87.34 against USD
MUMBAI [Maha Media]: The rupee appreciated 18 paise to 87.34 against the US dollar in early trade on Monday, supported by positive domestic equities, even as external risks remain elevated.
Forex traders said the near-term direction of the rupee will depend on two key events -- the implementation of the August 27 tariff and upcoming US economic data ahead of the Federal Reserve’s September 17 meeting.
At the interbank foreign exchange, the rupee opened at 87.38, then touched an early high of 87.34, registering a gain of 18 paise over its previous close.
