Rupee recovers 29 paise to 72.60 against dollar in early trade

November 13, 2018 09:48

The rupee recovered by 29 paise to 72.60 against the US currency in early trade Tuesday, owing to easing global crude oil prices and better-than-expected macro economic data on the domestic front. Besides, fund inflows by foreign investors and the US dollar's weakness against some currencies overseas also supported the domestic unit, dealers said.

At the Interbank forex market, the rupee opened with strength at 72.81 and advanced to 72.60 against the dollar, showing a rise of 29 paise over its previous close of 72.89. Retail inflation fell to a one-year low of 3.31 per cent in October on the back of cheaper kitchen staples, fruits and protein-rich items, official data released Monday showed. -- PTI

« Back to LIVE

TOP STORIES

Coal India posts 26% rise in profit in Q4 on higher supplies

Coal behemoth CIL on Thursday reported a 26.2 per cent rise in consolidated net profit to Rs 8,682.20 crore for the March quarter on the back higher supplies of the dry fuel. The company's consolidated net profit stood at Rs 6,875.07...

Biden calls QUAD allies India, Japan along with China, Russia 'xenophobic'

Biden has been under attack from his opponents and the Republican Party for his immigration policies as hundreds and thousands of illegal immigrants enter the United States every month.

Delhi riots: HC bail to 3 accused in IB official's murder case

The high court gave relief to accused Shoaib Alam, Gulfam and Javed, noting that they have been in custody for four years and the trial in the case is not likely to conclude any time soon.

Rohit breaks silence on losing IPL captaincy

Rohit is a tough cookie and the genial exterior concealed his real feelings as he said that playing under Pandya is no different from playing under any other captain.

IPL PIX: Reddy, Head power SRH to 201/3 VS Royals

IMAGES from the IPL match between Sunrisers Hyderabad and Rajasthan Royals played in Hyderabad on Thursday