Hindusthan Samachar
Banner 2 शनिवार, मार्च 23, 2019 | समय 02:50 Hrs(IST) Sonali Sonali Sonali Singh Bisht

Rupee appreciates against dollar

By HindusthanSamachar | Publish Date: Mar 11 2019 4:43PM
Rupee appreciates against dollar
New Delhi, Marc.11 (HS): Today, the rupee has appreciated against the dollar as a result of fresh foreign investment and boom in local equity. It is worthwhile to mention here that at the end of Friday''s session, rupee closed at Rs. 70.14 against $ 1, while in today''s session, it reached to Rs.69.99 against $ 1. So the rupee strengthened by 15 paise against the dollar. By weekly standard, overall, it gained 78 paise per dollar.US Federal Reserve Chairman Jerome Powell said that the central bank was not in a hurry to change interest rates. After this announcement, there was a fall in the dollar. Meanwhile, Forex traders believe that rupee has appreciated because of the positive sentiment in Dalal Street and fresh foreign investments. According to the provisional data, foreign institutional investors made net investment of Rs. 1095.06 crores by buying in the capital market on Friday. Today, stock markets and indices have been started session with spurts. Sensex opened at 36,900 with rise of 229 points and Nifty opened at 11,111 with a rise of 76 points from their respective, previous close. Hindusthan Samachar/Bharati/Pramod \
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