Friday, February 13, 2015,Mumbai: The India currecy strengthened today by eleven paise to end at 62.19 against US Dollar due to brisk sell of the greenback from bankers and Importers, dealers in Forex Market here said.
The local unit opened at 62.14 per dollar up by 16 paise from yesterday close of 62.30 and advanced further to touched a high of 62.04 in mornig trade, but pared early gains to touch days low of 62.21 in afternoon trade.
however, it recoverd to close at 62.19, up by eleven paise as compared to its last close of 62.30 .
The partially-convertible rupee fluctuated in a wider range of 62.04 and 62.21 during the day.
The Indian currency gained today owing to weak American currency demand in overseas against other world currencies, however,positive close of equity markets also helped the rupee to rose, they added.
