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Home Business

Rupee continues hike against US Dollar

by Web Desk
March 31, 2021
in Business, Finance
Reading Time: 1 min read
0
US
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The value of the rupee rising against the US dollar continuously with the upsurge of 49 paise on Wednesday as compared to the recent close of $499 million inflows from the International Monetary Fund (IMF) and a Eurobond issue of $2.5 billion.

Meanwhile dollar closed at Rs153.09 while the value of dollar recorded at Rs152.60 during early trade at interbank today after having opened at Rs152.50.

Earlier today, the dollar hit a 22-month low of Rs151.50, last seen on June 11, 2019, before rebounding. The lowest trade reported so far today was at Rs151.75.

Tags: EurobondIMFinterbank marketRupeeUs Dollar
Web Desk

Web Desk

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