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Rupee up 14 paise at 64.75

Wednesday, Nov 22, 2017,10:54 IST By joji A A A

Mumbai | The rupee climbed 14 paise to 64.75 against the US currency on Wednesday due to dollar selling by banks and exporters and a firm domestic equity market.

According to forex dealers, a positive equity market bolstered the rupee sentiment. However, the dollar’s clout overseas weighed heavily on the domestic unit.

Yesterday, the rupee had gained 22 paise to end at a two-week high of 64.89 against the dollar, cashing in on positive sentiment after Moody’s upgrade of India’s credit rating.

Meanwhile, the benchmark BSE Sensex rallied 111.64 points or 0.33 per cent to 33,589.99 in early trade.

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