Rupee goes up 7 paise to 64.46 on dollar inflows

Meanwhile, the benchmark BSE Sensex rose by 86.39 points, or 0.27 per cent, to trade at a new peak of 31,802.03 in early session today.

By: PTI | Mumbai | Updated: July 11, 2017 10:24 am
infrastructure projects, infra projects, financial year 2017, UPA government, modi government, indian express news, financial crisis, business news, economy In 2000, cost overrun faced by central-sector infrastructure projects was as high as 36 per cent. (Representational image)

The rupee advanced 7 paise to 64.46 against the US dollar today amid increased supply of the American currency by exporters and fresh foreign capital inflows. A higher start in domestic equities, besides weakness in the dollar overseas, lent the rupee a hand. Yesterday, the rupee had strengthened by 7 paise to end at a fresh two-week high of 64.53 against the US currency on sustained dollar selling by exporters amid a record rally in domestic equities.

Meanwhile, the benchmark BSE Sensex rose by 86.39 points, or 0.27 per cent, to trade at a new peak of 31,802.03 in early session today.

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