INSUBCONTINENT EXCLUSIVE:
INR Vs USD: On Thursday, the rupee had vaulted 77 paise to a 3-month high of 69.85 per US dollar.MUMBAI: Rising for the fourth straight day,
the rupee climbed 21 paise to a three month high of 69.64 against the US dollar in early trade Friday, amid weakness in the greenback
against some currencies overseas and a higher opening of domestic equities
Forex traders said, increased selling of the American currency by exporters and banks and sustained foreign fund inflows also supported the
At the interbank forex market, the rupee opened higher at 69.68 and rose further to quote at 69.64, showing a rise of 21 paise over its
funds bought shares worth Rs 823.47 crore, while domestic institutional investors purchased shareS to the tune of Rs 973.31 crore Thursday,
hitting the 10,900 mark in early trade Friday on positive cues from other Asian bourses ahead of the two-day G20 Summit
The 30-share index rose 175.75 points, or 0.49 per cent, to trade at 36,346.16
In similar movement, the NSE Nifty breached the 10,900 mark, and was trading 50.45 points, or 0.46 per cent, higher at 10,909.15.(Except for
the headline, this story has not been edited by TheIndianSubcontinent staff and is published from a syndicated feed.)
