Dollar rises by Rs1.43 in interbank market

News by:

Fluctuations in the US dollar against the rupee continued as the market opened on Monday.

The greenback increased by Rs1.43 after initially rising by Rs1.57 and was being traded at Rs133.40 after closing at Rs131.97 on Friday.

Further, in the open market the dollar rose by Rs0.70 and was being traded at Rs133.70.

Following a steep increase in the greenback’s price last week, the rupee made a recovery against the dollar in the interbank market on Friday as it was trading at Rs132.40 in the interbank, down Rs1.40 and closed at Rs131.93, down by Rs1.87.