Press Esc to close
Saturday 03 December 2016
News updated at 2:28 AM IST
Weather
Max: 26.9°C
Min : 17.6°C
In Bengaluru
Generally cloudy

Re closes at 63.84 mark

Mumbai, Sept 10, 2013 DHNS
File Image

The rupee on Tuesday rallied against the US dollar as August trade deficit narrowed to $10.9 billion and also on reports that the US may not strike Syria.

The rupee opened at 64.48 to a dollar in morning trade as against last weekend’s level of 65.25 a dollar. It went higher by 140 paise or 2.14 per cent against US dollar to settle at 63.84 in the closing. The dollar-rupee pair made a high of 64.47 levels and a low of 63.77 levels.

Treasury executives pointed out that banks and exporters have sold dollars on sustained capital flows. Some easing of tension over the crisis in Syria over the weekend and a slew of steps announced last week to attract more foreign exchange are exerting a positive influence on market sentiment.

So, banks and exporters preferred to reduce their dollar position on expectation of more foreign capital inflows into the equity market as the rupee was seen recovering accompanied by the major Asian currencies who were trading on a positive note.


Go to Top

Photo Gallery
The sunset in Kalaburgi on Friday...

The sunset in Kalaburgi on Friday...

Cricketer Yuvraj Singh and Hazel Keech during their marriage with Hindu rituals in Goa...

Cricketer Yuvraj Singh and Hazel Keech during their marriage with Hindu rituals in Goa...

Protesters throwing stones on police and CRPF amid tear smoke during a clash after Friday...

Protesters throwing stones on police and CRPF amid tear smoke during a clash after Friday...

A CRPF officer firing teargas shell at protesters throwing stones on them during a clash...

A CRPF officer firing teargas shell at protesters throwing stones on them during a clash...

A man with his son holding Kannada flag during the grand procession of 82nd Kannada Sahitya...

A man with his son holding Kannada flag during the grand procession of 82nd Kannada Sahitya...

Indias first indigenous Aircraft Carrier INS Vikrant which was undocked on completion...

Indias first indigenous Aircraft Carrier INS Vikrant which was undocked on completion...

A plane on board INS Vikramaditya during the Navy week celebrations in Mumbai...

A plane on board INS Vikramaditya during the Navy week celebrations in Mumbai...

A man transports sacks of rice in a horse-drawn cart amid the heavy fog in Allahabad...

A man transports sacks of rice in a horse-drawn cart amid the heavy fog in Allahabad...

Collecot of Nagpur Sachin Kurwe paying his last respect to the mortal remains of Nagrota martyr...

Collecot of Nagpur Sachin Kurwe paying his last respect to the mortal remains of Nagrota martyr...

Greater Flamingos fly over Chandlai Lake in Jaipur on Friday morning...

Greater Flamingos fly over Chandlai Lake in Jaipur on Friday morning...

Copyright 2014, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bengaluru - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523