Indian Rupee Traded higher at 67.12 against US Dollar


MUMBAI: On Tuesday the rupee commence inferior by 3 paise to 67.16 against the dollar in near the beginning buy and sell on dotted demand for the American currency from importers. Forex traders conveyed that demand for the US dollar from importers and dollar's power alongside some other currencies abroad largely weighed on the rupee, but a superior commencing of the household equity market restricts the slide.

The day before, the domestic unit rush forward 24 paise to shut at a supplementary than 3-week high of 67.13 on unrelenting selling of US dollars by banks and exporters in the middle of a enormous rally in domestic equities. On Tuesday in the meantime, the benchmark BSE Sensex increase134.12 points, or 0.48 per cent, to 27,760.81, in near the beginning session.