Indian rupee Vs dollar today: Rupee strengthens amid foreign inflows

The Indian Rupee strengthened against US benchmark dollar index on Monday, as they were trading below 65-mark  at the interbank forex market. The performance was led by  sustained selling of the greenback by exporters and banks amid foreign capital inflows. Domestic currency has been trading over five-month high in past few trading session, however, it was strong against American unit which near one-month low. 

At around 10:09 hours, Indian Rupee was trading at 64.885 down by 0.140 points or 0.22% against US dollar. Meanwhile, the dollar index tracking the greenback against six other major currencies, was near a one-month low at 89.423.

In early trade on Monday, the Indian Rupee opened down by 10 paise to 64.91 against the US dollar

Dealers in a PTI report said, "dollar's weakness against a basket of currencies supported the domestic unit."

The rupee on Friday had gained 10 paise to end at 65.01 against the US currency which suffered losses in global markets on intensifying trade war worries. According to the provisional exchange data, foreign investors bought shares worth Rs 1,628.19 crore on a net basis on Friday.

Meanwhile, the Sensex was trading mostly muted at 32,600.93 up 4.39 points or 0.01%, while Nifty 50 maintained it's below 10,000-mark, as it was trading at 9,987.95 down by 10.10 points or 0.10%. In early opening, the benchmark BSE Sensex fell by 60.10 points, or 0.18%, to 32,536.44 in opening trade today.