The rupee on Monday strengthened further by 20 paise to 65.81 against the dollar in early trade, largely supported by recent RBI measures.
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> Meanwhile, the BSE benchmark index Sensex rose by 126.10 points, or 0.66 per cent, to 19,105.86 in opening trade.
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> The domestic currency had gained 106 paise to close at 66.01 yesterday against the dollar after steps taken by new RBI Governor Raghnuram Rajan to attract US currency inflows.
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> To support the rupee, RBI announced steps such as enhanced limits for exporters to re-book cancelled forward exchange contracts and a special concessional window to swap foreign currency non-resident (FCNR) deposits.
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> Dealers said besides increased dollar selling by exporters, a higher opening in domestic equity market and dollar's weakening against some currencies overseas helped the rupee rise.
Actress Raai Lakshmi Diwali celebration photos
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Actress Raai Lakshmi Diwali celebration photos
8 years ago
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