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Sunday May 05, 2024

Rupee strengthens against dollar

The country received inflows of $1 billion each from Saudi Arabia and the UAE last week.

By Our Correspondent
January 30, 2019

The rupee continued its upward trend against the dollar in the interbank market on Tuesday. It closed at 138.64/dollar, compared with the previous closing of 138.74.

Dealers said the rupee traded stronger due to improved supply of the greenback in the market.

In the open market, the rupee closed at 138.80 against the dollar. It was settled at 138.70 on Monday.

The country received inflows of $1 billion each from Saudi Arabia and the UAE last week.