Rupee up 9 paise vs USD at 67.77 in late morning deals
Mumbai, May 30 (DIN NEWS) The rupee recovered from its initial losses to trade higher by 9 paise at 67.77 against the greenback in late morning deals following sustained bouts of dollar-selling from banks and exporters despite lower equities. The domestic unit witnessed volatility and was trading between a high of 67.60 and low of 67.90 during morning deals, it was trading at 67.77 per dollar at 1030 hrs. Rupee remained under pressure on sustained foreign funds outflows, increased month-end dollar demand and surging dollar amid Italian political crises. “RBI’s selling…
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