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Rupee ends strong at 86.96 against USD

Mumbai (Thestates.news) | The Rupee continued to rally on Wednesday too, spurting 32 paise to close at 86.96 against USD on brisk selling of US Dollar by bankers and exporters amid rebounding equity market, dealers at the Forex Market said.  The local unit that rose by 14 paise at 87.13, became robust till the end of the session, finishing 86.96, gaining 32 paise as compared to its last close.The domestic unit spurted owing to weak dollar against other world currencies. The Rupee recorded intra days high and low at 86.90 and 87.16 respectively, dealer added. (UNI)