ADVERTISEMENT
Rupee Rises to 61.22/Dollar on Rally in Stock Markets
20 Oct 2014, 09:52 AM IST
The rupee was trading at 61.22 versus the dollar compared with Friday's close of 61.44/45.
India ended diesel controls and raised gas prices on Saturday. The measures should lower the government's fiscal subsidies.
The Bharatiya Janata Party's win in state elections raises expectations the government will step up the pace of economic reforms. The Nifty rose 1.25 per cent.
Copyright: Thomson Reuters 2014
Get live Stock market updates, Business news, Today’s latest news, Trending stories, and Videos on NDTV Profit.
ADVERTISEMENT