The rupee appreciated by 24 paise to 54.09 against the US dollar in early trade at the Interbank Foreign Exchange on Monday on sustained selling of the American currency by exporters and banks and increased capital inflows. ...
Erasing earlier gains, the rupee on Tuesday lost three paise to 54.52 against the dollar in late morning trade due to renewed demand for the US currency from banks and importers amid firm global cues. Forex dealers said the local unit resumed higher at 54.37 as against the last closing level of 54.49 per dollar at the Interbank Foreign Exchange (Forex) Market and moved up further to 54.34 on selling...