Indian Rupee vs US dollar: Amid foreign capital inflows currency jumps to Rs 65.025
Indian Rupee vs US dollar: Foreign investors bought shares worth Rs 550.36 crore on net basis currently.
Indian Rupee vs US dollar Currency maintained itself above 65-mark on Monday as it witnessed fresh selling of the greenback by exporters and banks amid foreign capital inflows. At around 1131 hours, the domestic currency was trading at 65.025 above 0.080 points or 0.12% against the American unit.
In early trade, the rupee strengthened by 23 paisa to 64.94 against the US dollar.
Dealers in a Reuters report stated that, dollar's weakness against a basket of currencies despite strong US jobs report data and early gains in domestic equity markets supported the rupee.
The rupee had gained against it's previous trading on Friday, where it had lost 3 paise to end at 65.17 against the US dollar.
Foreign investors bought shares worth Rs 550.36 crore on net basis, according to the provisional exchange data.
Meanwhile, the benchmark BSE Sensex was trading at 33,596.19 higher by 289.05 points or 0.87%, while Nifty 50 surged by 89.10 points or 0.87% trading at 10,315.95. In early trade, sensex was up by 301.55 points, or 0.90 per cent, to 33,608.69 in opening trade today.