The rupee started the week with a positive note against the dollar at 70.00. On a weekly basis, the domestic currency (INR) logged 1.06 paise or 1.51% gains against the US dollar at 69.09. The rupee opened 15 paise higher at 70.00 and closed 26 paise higher at 69.89 against the dollar on account of some selling in American currency by banks and exporters along with fund inflows on Monday. On Tuesday,
The rupee opened at 69.75 and closed 19 paise higher against the dollar at 69.70 on the back US dollar weakened as overall risk appetite improved amid a stabilized equity market. The rupee opened 3 paise lower at 69.74 on Wednesday and closed 18 paise higher against the dollar at 69.53 on today due to the selling of the American currency by exporters and positive opening in domestic equities supported the rupee. Besides, fresh foreign fund inflows also aided the uptrend. On Thursday,
The rupee opened 14 paise lower at 69.67 and closed 18 paise higher against the dollar at 69.35 buoyed by strong foreign inflows into domestic equity markets. The rupee opened 2 paise higher at 69.33 on Friday and closed 26 paise higher against the dollar at 69.09 on today due to robust foreign inflows ahead of general elections.
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