Rupee Gains Power, Rallies 58 Paise Against US Dollar In 4 Days

The Indian rupee had gained power against the US dollar in the last four days rallying as much as 58 paise in the foreign exchange market. The domestic currency has been on a rising trend since Monday this week after it slipped to nearly a 2-month low against the US dollar. Today only, the rupee surged about 9 paise to 63.82 apiece US dollar at the inter bank foreign exchange market. The Reserve Bank of India fixed a reference rate of 63.9222 against the US dollar on Thursday. The rupee opened at 63.89 against US dollar in the early morning trades on Friday. Earlier yesterday, the rupee tripped below the 64-mark against the US dollar gaining as much as 18 paise to close at 63.91 against the US currency. For More Information Please Visit : www.paceresearchindia.com and Call Now : 8817774774