Mumbai, Jul 26 (PTI) The rupee continued to recover for the second day, climbing 10 paise to 68.69 against the US dollar on increased selling of the greenback by exporters and banks amid rising domestic equity market. Also Read - UP Gram Panchayat Election 2021 Phase 1 Voting Live: Polling in 18 Districts Begins
Forex dealers said, besides increased selling of the American currency by exporters as well as banks, a higher opening in the domestic equity market supported the rupee. Also Read - Coronavirus Live Updates April 15, 2021: Negative RT-PCR Test Report Mandatory to Enter 3 Temples in Varanasi
The dollar’s weakness against some currencies overseas as the country’s new home sales data came out disappointing, supported the rupee. Also Read - Crematoriums, Graveyards Struggle To Manage As COVID Deaths Rise, Kejriwal to Discuss Situation With LG Today
Yesterday, the local currency had rebounded by 15 paise to end at a fresh one-week high of 68.79 against the greenback on bouts of dollar selling by exporters and corporates.
Meanwhile, the benchmark BSE Sensex rose by 156.42 points, or 0.42 per cent, to quote an all-time high of 37,014.65 in early trade today.
This is published unedited from the PTI feed.