Indian Rupee bounces back 27 paise against USD
Mumbai/UNI: Erasing yesterdays losses, the Rupee on Wednesday jumped by 27 paise
at 75.14 on fresh selling of US Dollar by bankers and exporters, dealers at the Forex Market said.
Tumbling down by 22 paise on Tuesday, local unit moved up by 11 paise to 75.30 in early trade. Till the end of the session, it surged by 27 paise to close positive at 75.14 as compared to its last close.
The rupee registered intra days high and low at 75.45 and 74.10 respectively, he added.
The Rupee rebounded owing to weak Dollar against other world currencies , amid positive equity market, they 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.
