Rupee rises 24 paise against USD

November 15, 2018 09:41

The rupee appreciated 24 paise to 72.07 against the US dollar at the interbank foreign exchange Thursday on fresh foreign fund inflows and easing crude oil prices. Foreign institutional investors bought shares worth Rs 277.38 crore Wednesday, provisional data showed.

Dealers said the strength in the rupee was also supported by increased selling of dollars by exporters and the American currency's weakness against some currencies overseas.

A higher opening of the domestic equity market too influenced the rupee, they said. The benchmark BSE Sensex was up 67.09 points, or 0.19 per cent, to quote at 35,209.08 in early trade. -- PTI

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