Rupee up by 24 paise against USD

Rupee up by 24 paise against USD

Agency News

Mumbai, Mar 12 : The Rupee on Tuesday rose by 24 paise at 69.64 against the US Dollar in early trade on fresh selling of the American currency by bankers and exporters, dealers at forex market said.

Rupee opened at 69.73 against the US dollar and advanced to 69.64, showing a rise of 24 paise. The Forex market sentiment has been boosted by sustained fund inflows by foreign institutional investors (FIIs) in the last few sessions.

Weak dollar against other currencies overseas pushed the local unit up in early trade, the dealers said.

A major fluctuation was seen in the local unit as it recorded intra-day high and low at 69.76 and 69.55 respectively, they added.