Mumbai, Nov 5 (UNI) The Rupee on Tuesday advanced by eight paise to 70.69, five week high on brisk selling of US Dollars by bankers and exporters, dealers at the Forex Market said.
The domestic currency moved up by four paise to 70.73 in early trade. Later, it further rose and ended positive at 70.69, increasing by eight paise as compared to its last close.
The domestic unit recorded day high and low at 70.85 and 70.64 respectively.
The Indian currency rallied owing to weak Dollar against other world currencies.
However, negative stocks capped from further gain, the dealer added.
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.