Rupee up 9 paise to $66.92

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The rupee on Monday strengthened for the second straight session, gaining by another 9 paise to close at 66.92 per dollar in view of strong foreign capital inflows coupled with firm equity market. The rupee resumed lower at 67.06 per dollar as against the last Friday’s closing level of 67.01 at the Interbank Foreign Exchange market on initial demand for the American currency from banks and importers but recovered afterwards to 66.90 before ending at 66.92, showing a gain of 9 paise, or 0.13 per cent.           

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