Rupee gains 24 paise against the Dollar
Posted on: 18/Apr/2013 2:14:00 PM
As the share market in India rejoiced at the 80 point rise in the Sensex, the foreign exchange market is also giving Indians some joy. It gained 24 paise against the US dollar to currently trade at 53.90.
Analysts at the Interbank Foreign Exchange market said that the gain was due to strengthening of the euro against the dollar and a higher opening in the domestic market. Exporters selling and increased capital flows also contributed to the rise, they said.
