Rupee up 142 paise to 61.96 in late morning deals The rupee rose - TopicsExpress

Rupee up 142 paise to 61.96 in late morning deals The rupee rose by 142 paise to 61.96 in late morning trade today on fresh selling of the US currency by banks and exporters triggered by sharp fall in dollar in overseas amid smart rise in the equity market. In New York market, the US dollar fell sharply against major rivals yesterday, especially against emerging-market currencies, after the Federal Reserve made no change to its monthly asset-purchase programme.

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