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Rupee ends up by 29 paise against dollar

Posted on Dec 19, 07:38PM | UNI

The Rupee appreciated today by 29 paise to 54.57 against the US Dollar on selling of the greenback by banks and exporters, dealers at the inter-bank foreign exchange said.

The domestic unit rose by 13 paise in the opening trade.

Later, it gained further by 29 paise to close higher at 54.57 against its last close.

High volatility was seen during the day, as it had gone up by 38 paise during the day.

It registered the day's high and low at 54.48 and 54.93 per USD, respectively, with a major fluctuation.

The Indian Currency registered a huge gain following weak Dollar against other world currencies and strong equity market also boosted the same, they added.