The Namibia Press Agency, (NAMPA), was established in 1991 as a national news agency responsible for the distribution of local, regional and international news.

BIZ-RUPEE CLOSE - Rupee scales 3-week high of 64.93 on encouraging macro data

Contributed by NAMPA / PTI.

Mumbai, Oct 13 (PTI) The rupee continued its stellar run against the US dollar for the fifth day, surging by 15 paise to end at a fresh three-week high of 64.93 on easing macro worries coupled with record-setting domestic equities.
A combination of factors such as bullish macro economic situation and easing monetary policy environment amid favouring global factors predominantly kept forex market mood buoyant.
Macro data released on Thursday sent out a positive signal about bottoming out in the e ...

 

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