नवीनतम
Rupee rises 2 paise to 89.20 against USD
MUMBAI [Maha Media]: The rupee pared initial losses and strengthened 2 paise to 89.20 against the US dollar in early trade on Wednesday tracking a weak greenback and firm domestic equity market sentiment.
According to forex traders, some inflow of foreign capital into domestic stock markets also supported the Indian currency even though rising crude oil prices kept it under pressure.
At the interbank foreign exchange market, the rupee opened at 89.24, lost to 89.26 and then regained to trade at 89.20 against the greenback in initial deals, up 2 paise from its previous closing level.
