Another firm start from Rupee: 6 Jan 2017

rupee-vs-dollar_1

The spot rupee strengthened its gains for the third straight day, on the back of higher selling in US currency amid higher opening in domestic equity market.

Following 37 paise jump in the past two trading sessions, the spot rupee started the day higher by 9 paise at 67.87 as against the US dollar.

The Indian currency is now quoted at 67.88 – up 8 paise.

Meanwhile, January rupee futures are also up 10 paise at 68.01 per dollar.

The counter has witnessed trades of around 1,74,134 contracts, while the open interest has increased over a percent on the NSE.

In the Euro-term, the domestic currency has extended losses, and is now down 53 paise at 71.84.

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