Indian rupee up 11 paise against dollar in late morning deals
- Stakes high for BJP, Congress as 11 states go to polls tomorrow; A Raja, Milind Deora in fray
- Arvind Kejriwal beats BJP PM candidate Narendra Modi in Time magazine's poll
- Priyanka Gandhi continues to target Narendra Modi, rakes up snoopgate
- BJP complains to EC over St Xavier principal's criticism of Modi's Guj model of development
- Elections 2014 LIVE: Modi attacks Gandhis, says family going strong for 60 years, time to build a strong nation
Surrendering some of its early gains, the Indian rupee today rose by 11 paise to 64.44 against the dollar in the late morning trade on selling of the US currency by banks and exporters amid recovery in the equity markets.
Finance Minister P Chidambaram's assurance to investors yesterday and dollar volatility helped in improving the rupee sentiment, forex dealers said.
The rupee today resumed higher at 64.30 per dollar as against the yesterday's closing level of 64.55 at the Interbank Foreign Exchange (Forex) Market.
It hovered in a range of 64.28 and 64.70 per dollar before quoting 64.44 at 1040 hours.
In New York market, the US dollar traded higher against its rival currencies yesterday despite a series of mixed economic data.
Meanwhile, the BSE benchmark Sensex was trading higher by 49.47 points or 0.27 per cent to 18,362.41 at 1050 hours.
- Lalu Prasad hits out at BJP and VHP, says its leaders Giriraj Singh, Praveen Togadia are 'hate mongering'
- Gujarat model a big lie, BJP should clarify: Akhilesh
- Priyanka Gandhi continues to target Narendra Modi, rakes up snoopgate issue
- 2,700 more Muzaffarnagar riots victims apply for relief
- Shazia Ilmi's 'communal muslims' remark: BJP hits out at Aam Aadmi Party
- Battle of Varanasi: Kejriwal tears into Rahul, Modi over 'helicopter democracy'