MUMBAI, SEPTEMBER 28, 2015: The rupee today recovered by 11 paise to end at 66.05 against the dollar on selling of the American currency by banks and exporters amid fall in domestic equities.
The rupee resumed higher at 66.11 per dollar against the last close of 66.16 at the Interbank Foreign Exchange market. It gained further to 66.01 before ending at 66.05, showing a gain of 11 paise.
The ongoing uncertainty in the market has kept the rupee under pressure. Now the investors are waiting for the tomorrow’s RBI’s credit policy which will show the road ahead to the local markets.
The RBI fixed the reference rate for the dollar at 66.0805 and for the Euro at 73.8119.
The rupee moved up further against the pound sterling to close at 100.32 from the last weekend’s level of 100.79 and firmed up to 73.80 against the euro from 74.42.
The rupee also recovered against the Japanese currency to 55.00 per 100 yen from 55.30.
