The Indian rupee recovered by 8 paise to 60.22 against the US dollar in early trade at the Interbank Foreign Exchange market on fresh selling of the US currency by exporters amid sustained foreign capital inflows.
In the last week, Indian Rupee traded on a negative note and depreciated around 0.3 percent. The currency depreciated on the back of dollar demand from state run banks for oil and defense related payments.
Indian rupee recovered by 10 paise to 60.18 against the US dollar in early trade today. (Reuters). SummaryThe rupee had lost 10 paise to end at one-month closing low of 60.28 against the American currency on Friday.
As a debate continues on alleged black money of Indians in Swiss banks, the authorities in Switzerland have come across a significant quantum of fake Indian rupee notes in their country -- the third highest for any foreign currency after Euro and the ...
SINGAPORE: Most emerging Asian currencies rose on Thursday, while the Indonesian rupiah held above a one-week low ahead of the release by next week of the official results of Indonesia's presidential election.