Rupee zooms 42 paise on BJP win, positive IIP numbers

DN Bureau

The rupee soared 42 paise to 66.18 against the dollar .

Rupee gains by 42 paise
Rupee gains by 42 paise


Mumbai: The rupee soared 42 paise to 66.18 against the dollar early today on increased selling of the US currency by exporters and banks amid higher foreign inflows following BJP's resounding win in UP and positive IIP numbers.

On Friday, the rupee had gained 11 paise to close at a fresh 4-month high of 66.60 against the dollar on renewed selling of the US currency by exporters and banks.

Forex market remained closed yesterday on account of Holi.

Meanwhile, the benchmark BSE Sensex rose 615.70 points, or 2.12 per cent, to 29,561.93 in opening trade today.

The NSE Nifty too spurted by 188.20 points to trade at an all-time high of 9,122.75, surpassing its previous high of over 9,119 points on March 4, 2015. (PTI)
 










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