financetom
Market
financetom
/
Market
/
Rupee gains 10 paise against US dollar in early trade
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Rupee gains 10 paise against US dollar in early trade
Jun 11, 2018 12:42 AM

The rupee rose 10 paise against the US dollar to 67.40 in early trade today amid weakness in the greenback against other currencies overseas ahead of key central bank policy meetings and the US-North Korea summit this week.

Share Market Live

NSE

Besides, selling of the American currency by exporters and banks and a higher opening in the domestic equity market influenced the rupee uptrend, forex dealers said.

On Friday, the rupee had plunged by 38 paise or 0.57 percent to close at a fresh one-week low of 67.50 against the US currency amid worries over rising global crude prices and capital outflows.

Meanwhile, the benchmark BSE Sensex rebounded by 148.70 points, or 0.41 percent, at 35,592.37 in early trade today.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
US STOCKS-Wall St gains on September rate-cut hopes; Meta soars
US STOCKS-Wall St gains on September rate-cut hopes; Meta soars
Aug 1, 2024
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * US weekly jobless claims data higher than expected * Arm Holdings down after tepid Q2 revenue forecast * Eli Lilly ( LLY ) up as weight-loss drug cut heart failure risk in trial * Moderna ( MRNA ) slumps...
South African rand firms on Fed rate cut bets
South African rand firms on Fed rate cut bets
Aug 1, 2024
JOHANNESBURG, Aug 1 (Reuters) - South Africa's rand firmed on Thursday as investors bet on a September interest rate cut in the world's biggest economy after dovish comments by the U.S. Federal Reserve on Wednesday. At 1540 GMT, the rand traded at 18.20 against the dollar , about 0.1% stronger than its previous close. The rand traded below the R18.20...
US Equity Indexes, Treasury Yields Dive as Jobless Claims Surge Amid Worsening Manufacturing Activity
US Equity Indexes, Treasury Yields Dive as Jobless Claims Surge Amid Worsening Manufacturing Activity
Aug 1, 2024
12:50 PM EDT, 08/01/2024 (MT Newswires) -- US equity indexes slumped with government bond yields as jobless claims hit the highest in a year while a manufacturing gauge surprisingly sank deeper into contractionary territory. The Nasdaq dropped 1.7% to 17,301.5, with the S&P 500 down 1.1% to 5,461.4 and the Dow Jones Industrial Average 1.2% lower at 40,335.8 after midday...
US STOCKS-Wall Street retreats on slowdown fears; Dow, small-caps slide
US STOCKS-Wall Street retreats on slowdown fears; Dow, small-caps slide
Aug 1, 2024
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * US manufacturing gauge drops to eight-month low * Arm Holdings down after tepid Q2 revenue forecast * Eli Lilly ( LLY ) up as weight-loss drug cut heart failure risk in trial * Moderna ( MRNA ) slumps after...
Copyright 2023-2026 - www.financetom.com All Rights Reserved