Rs surges 28p to close at 60.65 per $
13 Sept 2014 5:53 AM IST
The Indian rupee on Friday gained 28 paise, notching up its best daily gain in a month, to end strong at 60.65 against the Greenback on heavy dollar selling by banks and exporters amid positive cues from equity markets.
A weak dollar overseas and capital inflows also helped the rupee rally for the second straight day, forex dealers said. This helped the rupee to end with gain of 26 paise for the week, the sixth straight weekly rise.
Against its major global rivals, the dollar index was trading lower by 0.03 per cent. This was ahead of some economic data and Fed's meeting on rates early next week.
At the Forex market, the domestic currency commenced lower at 60.97 a dollar from last close of 60.93 and immediately touched a low of 61.03.
A weak dollar overseas and capital inflows also helped the rupee rally for the second straight day, forex dealers said. This helped the rupee to end with gain of 26 paise for the week, the sixth straight weekly rise.
Against its major global rivals, the dollar index was trading lower by 0.03 per cent. This was ahead of some economic data and Fed's meeting on rates early next week.
At the Forex market, the domestic currency commenced lower at 60.97 a dollar from last close of 60.93 and immediately touched a low of 61.03.
Next Story
