ADVERTISEMENT

Rupee Recovers From 5-Year Low, Closes At 68.57 Against Dollar

Rupee hit a low of 68.97 in intraday trade in sync with weakening of other currencies in the region.
Rupee hit a low of 68.97 in intraday trade in sync with weakening of other currencies in the region.
The rupee on Tuesday made a strong comeback against the US dollar, a day after it touched a near five-year low of 68.80. Recovering by a steep 23 paise, the rupee ended at 68.57, on fresh dollar selling by exporters and corporates, reported news agency Press Trust of India (PTI). Overall, sentiment turned increasingly bullish on general dollar weakness related to twists and turns following renewed concerns on the US-China trade war. ...
Register for Free
to continue reading
OUR NEWSLETTERS
By signing up you agree to the Terms & Conditions of NDTV Profit