Rupee moves up 8 paise to 64.52 against dollar

The stock market zooming to record highs in early trade cleared the way for the rupee's upmove, traders said. But the dollar made headway overseas after US jobs data, which came as a dampener for the rupee.

By: PTI | Mumbai | Updated: July 10, 2017 10:24 am
rupee, paisa, dollar, rupee vs dollar, market, On Friday, the domestic unit rebounded 18 paise to end at a fresh one-week high of 64.60 per dollar. (Representational photo)

The rupee on Monday strengthened by 8 paise to 64.52 against the dollar on fresh selling of the US currency by banks and exporters. The stock market zooming to record highs in early trade cleared the way for the rupee’s upmove, traders said. But the dollar made headway overseas after US jobs data, which came as a dampener for the rupee.

On Friday, the domestic unit rebounded 18 paise to end at a fresh one-week high of 64.60 per dollar. Meanwhile, the benchmark Sensex surged 234.83 points, or 0.74 per cent, to hit an all-time high of 31,595.46.

For all the latest Business News, download Indian Express App

    Live Cricket Scores & Results