Indian Rupee ends up by 54 paise against USD
Mumbai, Aug 27 (UNI) The Rupee on Tuesday jumped by 54 paise, to end at 71.48 at close, following strong equity market and after the latest remark by US President Donald Trump on trade talk with China, which enthused the investors.
Tumbling down by 36 paise to 72.02 on Monday, the local unit went up by 32 paise to 70.32 in the opening trade. Till the end of the session, it rallied by 54 paise to 71.48, as compared to its last close.
The domestic unit registered day's high and low at 71.87 and 71.45, respectively.
The Indian currency bounced back on Tuesday because of weak Dollar against other world currencies and robust equity, said the market dealers.
Foreign institutional investors (FIIs) remained net sellers in the capital market, pulling out Rs 752.90 crore on Monday, according to exchange data.
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