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Rupee recovers 4 paise on weak dollar, falling crude

Rupee recovers 4 paise on weak dollar, falling crude

Monday, December 24, 2018, 8:13 PM

The rupee recovered by 4 paise to close at 70.14 against US currency, aided by weak crude-oil-prices and dollar's losses in global markets due to political uncertainty in US. Crude oil prices remained below the USD 55 per barrel mark, strengthening the rupee sentiment, a forex dealer said. The dollar was weak against major currencies in global markets which supported local currency, dealer said.
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