INSUBCONTINENT EXCLUSIVE:
On Wednesday, the local currency had ended lower by 13 paise to 73.61 against the US dollar.Mumbai: The rupee recovered from early losses to
trade higher by 19 paise at 73.42 against the US currency in late morning session Friday on fresh dollar selling by exporters amid easing
crude oil prices and a weakening greenback
Dealers said the Reserve Bank of India's steps to ease liquidity concerns of NBFCs also helped the domestic currency
At the Interbank Foreign Exchange, the rupee opened lower at 73.62, but soon recovered the lost ground and jumped 19 paise to touch a high
crude prices fell around 1 per cent to near one-month low of $79.29 barrel Thursday
Forex market remained shut on Thursday on account of "Dussehra".On a net basis, foreign funds bought shares worth Rs 140.02 crore, while
domestic institutional investors sold shares to the tune of Rs 343.11 crore Wednesday, provisional data showed
The benchmark BSE Sensex was trading down 428.96 points or 1.23 per cent at 34,350.62 points.
