Mumbai, June 5 -- Rupee on Thursday appreciated by 11 paise to close at 85.79 on weak demand for US Dollar by bankers and importers, a forex trader said.
This appreciation comes amid various global and domestic economic factors influencing the currency markets. Positive close in the domestic equity market also helps the rupee to rise, they added
The Rupee had closed at 85.90 against the US dollar on June 4, the rupee opened 3 paise higher on June 5 at 85.87, aided by mild inflows.
The Rupee recorded intra-day high and low at 85.69 and 86.03 respectively, the dealer added.
UNI XC BD
Published by HT Digital Content Services with permission from United News of India....