Indian Rupee recovers to 68.08 on fresh US dollar selling

Mumbai, India (BBN)-Indian rupee recovered by 14 paise to 68.08 against the dollar at the Interbank Foreign Exchange in early trade Tuesday on fresh selling of the US currency by banks and exporters.
Dealers said fresh selling of the American unit by exporters and banks and the dollar’s weakness against other currencies overseas supported the rupee, reports the PTI.
Yesterday, the domestic currency had lost 30 paise to 68.22 against the US dollar due to huge demand for the American currency.
Meanwhile, the benchmark BSE Sensex was trading down by 31.34 points or 0.12 per cent at 26,564.11.
BBN/SK/AD

No Subscription? You Are Missing Out!

Join the business leaders of Bangladesh who rely on BBN's original reporting and in-depth analysis on business scenario of the country. We send only one daily email. No Spam Guaranteed!

Your Name (optional)

Your Email (Required) *

Subscribe

Please check your email and confirm your subscription