Rupee up 11 paise in late morning trade

Surrendering some of its early gains, the rupee on Friday rose by 11 paise to 64.44 against the dollar in the late morning trade on selling of the US currency by banks and exporters amid recovery in the equity markets.

Finance Minister P. Chidambaram’s assurance to investors on Thursday and dollar volatility helped in improving the rupee sentiment, forex dealers said.

The rupee resumed higher at 64.30 per dollar as against Thursday’s closing level of 64.55 at the Interbank Foreign Exchange (Forex) Market.

It hovered in a range of 64.28 and 64.70 per dollar before quoting 64.44 at 10.40 hours (IST).

In New York market, the US dollar traded higher against its rival currencies on Thursday despite a series of mixed economic data.

SOURCE:http://www.thehindu.com/business/markets/rupee-up-11-paise-in-late-morning-trade/article5051579.ece

Comments

Google Pixel, Pixel XL pre-orders open: Here are the unique features

Google Pixel, Pixel XL pre-orders open: Here are the unique features Google Pixel and Pixel XL smartphones are available on Flipkart for pre-order. And it looks like Google is only bringing the ‘Quite Black’ colour variant to India for now, with ‘Very Silver’ and ‘Really Blue’ both not available in India yet. Google Pixel and Pixel XL with their premium pricing are set to compete with the likes of Apple iPhone 7, iPhone 7 Plus, Samsung Galaxy S7 and Galaxy S7 edge. Google Pixel and Pixel XL are first ‘Made by Google’ smartphones, and come with Google Assistant in-built, which is also the highlight of the devices. Honor 8 First Look Video Google Pixel and Pixel XL have a aluminum and glass design. Google Pixel is priced at Rs 57,000 for 32GB version in India. The 128GB variant of Google Pixel costs Rs 66,000. Google Pixel XL is available at Rs 67,000 for 32GB stor...

MS Dhoni’s return catch was big moment in the match: Kane Williamson

MS Dhoni’s return catch was big moment in the match: Kane Williamson New Zealand skipper Kane Williamson lauded his bowlers for drying up the runs during India’s chase in the second ODI here, terming Mahendra Singh Dhoni’s brilliant return catch by Tim Southee as a “big moment” in the match. When asked about how the bowlers and fielders responded while defending a low total, Williamson said: “Someone like MS Dhoni, he can finish matches when he is allowed to play his shots. He is the best in the world. That catch was big for us.” Williamson was happy with the manner his bowlers responded on a tricky surface and also gave an insight to how some adjustments led to the Indian skipper playing 37 dot balls. “On this kind of a surface (Kotla), scrapping was important. You needed to put the ball in areas where it’s tough to get away and try and build that pressure. It was an extremely good effort considering that the ball was damp due to dew factor...

Mission Impossible – Rogue Nation

Mission Impossible – Rogue Nation: Film Review Thanks to a sharp script that springs a real surprise or two and a pace that never slackens, Mission: Impossible – Rogue Nation rates as the second-best of the numerous franchise titles of the summer, after Mad Max: Fury Road. Armed with an absorbing mystery plot that does more than just connect the dots between action set-pieces (the most outlandish of which is dispensed with in a Bond-like opener), writer-director Christopher McQuarrie maintains the uptick in M:I quality established by the last two entries, and should land this entry within the series' customary range of a half-billion bucks worldwide. Working with Tom Cruise for the fifth time (if you include his uncredited rewrite on the last M:I feature, Ghost Protocol), McQuarrie benefits dramatically from extending the IMF team's official ostracization to a point of total disenfranchisement from the American government; in an early scene, the CIA chief (Alec B...

Techno Tube...

Search This Blog