Rupee rallies 24 paise to 69.10 vs USD on robust foreign inflows
Rising for the fifth straight session, the rupee Friday jumped 24 paise to close at 69.10 against the US dollar on sustained foreign fund inflows and heavy buying in domestic equities. Forex traders said the dollar’s weakness against its key rivals overseas and easing crude prices strengthened the market sentiment domestically.At the Interbank Foreign Exchange, the domestic unit opened at 69.28 and advanced to a high of 69.03 during the day. It finally settled at 69.10, a rise of 24 paise against the dollar over its previous close.The rupee on…
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