Rupee rises by 50 paise against USD

Rupee rises by 50 paise against USD

Mumbai, The Rupee on Friday appreciated by 50 paise, to end positive at 72.49 against the US Dollar on increased selling of US dollar from exporters, dealers at Forex Market said. The dollar's weakness against some currencies overseas, and easing crude oil prices supported the rupee,dealers said. The US mid-tem election results, which showed Democrats wresting the House of Representatives from the ruling Republican party, also supported the rupee.

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