Rupee trims some initial gains; up 17 paise

Posted on Apr 7 2014 - 12:19pm by IBC News

Mumbai, Apr 7 Erasing some of the early gains, the rupee was trading higher by 17 paise at 59.91 against the US currency in morning trade today on bouts of dollar selling by banks and exporters.

The rupee resumed higher at 59.90 per dollar as against the last closing level of 60.08 at the Interbank Foreign Exchange market.

It was quoting quoting at 59.91 per dollar at 1015 hours.

The domestic unit hovered in a range of 59.99-59.

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