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Rupee recovers by 9 paise to 55.07 against US Dollar

Posted on Nov 19, 09:44PM | UNI

The Rupee recovered by nine paise at 55.07 against the dollar today following a positive stock market and demand for Dollars by exporters, dealers at the Interbank Foreign Exchange said.

The domestic unit nosedived overnight by by 46 paise to finish at 55.16 against the dollar but recovered by nine paise in the opening session at 55,07. it. however, closed at the same level.

The Rupee fluctuated at the day's high of 55.11 and low of 54.95 per US Dollar respectively.