Chennai Journal

Local Unit Sees the Rise in Early Trade

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Local Unit Sees the Rise in Early Trade

March 17
13:19 2015

rup newNew Delhi, Tuesday, March 17 – The official currency of the nation registered augment of nine paise to hit at 62.72 level in opposition to the US dollar in the deal observed in the early hours today at the Interbank Foreign Exchange market on bigger offloading of the American currency by banks and exporters in the midst of lower dollar value out of the country on lackluster US manufacturing figures.

The sentiments of the local currency are reportedly strengthened by constant capital inflows and a superior start in the local stock market. In the intervening time, the 30-share barometer went up steeply by 202.96 points to strike at 28,640.67 mark on the first day of trading this week.

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