Bangladesh, India to tackle fake currency notes problem

Rupee up 4 paise against dollar

Last updated: June 2, 2015

Mumbai, India (BBN)-The rupee is marginally up by 4 paise at 63.66 against the dollar in early trade on Tuesday at the Interbank Foreign Exchange on increased selling of the American currency by exporters and banks.
Forex dealers said continued capital inflows as well as higher opening in the domestic equity supported the rupee, reports the Press Trust of India.
However, they said, greenback’s strength against other currencies overseas capped the gains.
The rupee had ended 12 paise higher at 63.70 against the American currency in Monday’s trade on fresh bouts of dollar selling by banks and exporters amid huge expectations of a rate cut by the Reserve Bank.

Bangladesh Business News
BBN is the country's oldest Business News and Analysis platform, run by veteran business journalist and analyst that you can rely upon.
© Copyright 2024 - BBN - All Rights Reserved
linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram