Rupee gains 11 paise to 74.17 against U.S. dollar in early trade
The Hindu
Selling pressure in the domestic equities capped the rupee’s gain, forex dealers said
The rupee appreciated 11 paise to 74.17 against the U.S. dollar in opening trade on November 18, as easing crude oil prices and a weak American currency in the overseas markets boosted investor sentiments.
However, selling pressure in the domestic equities capped the rupee’s gain, forex dealers said.
At the interbank foreign exchange, the rupee opened strong at 74.10 but weakened to quote 74.17 against the American dollar, a rise of 11 paise in the early session.
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