TOI: Rupee rises for 2nd session vs USD, up 3 paise to 63.61
MUMBAI: In restricted trading, the rupee ended marginally higher by three paise to 63.61 against the American currency on mild selling of dollars by banks and exporters on hopes of foreign capital inflows into equities.
The rupee opened lower at 63.66 per dollar at the Interbank Foreign Exchange as against the yesterday's closing level of 63.64 and dropped further to 63.68 on initial dollar demand from banks.
However, it recovered afterwards to 63.55 on selling of dollars by banks and exporters on the back of rise in equity market before ending at 63.61 per dollar, disclosing a marginal gain of 3 paise or 0.05 per cent.