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Rupee rises 35 paise to 72.65 against US dollar in early trade
November 09, 2018

The rupee appreciated 35 paise to 72.65 against the dollar in early trade Friday, following US mid-tem election results and easing crude oil prices. Forex traders said the rise was also supported by dollar-selling by exporters and banks and the US unit's weakness against some currencies overseas.


They said the US mid-tem election results which showed Democrats wresting the House of Representatives from the ruling Republican party, also supported the rupee. The Democrats now have majority in the 435-member House, while Trump's party has retained majority in the 100-member Senate. -- PTI
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