At the interbank foreign exchange market, the rupee rose for the second straight day, adding 37 paise, to close at a one-week high of 62.07 against the dollar, today. The rupee rose as the Reserve Bank eased swap norms for banks borrowing funds overseas, and as exporters sold the US currency. Support for the rupee also came from capital inflows on the back of a recovery in local equities.
News On AIR | September 26, 2013 6:15 PM
Rupee up 37 paise to close at 1 week high of 62.07 against the dollar