The Hindu Business Line
Rupee up 7 paise to 67.76/$
Staging a recovery, the rupee on Friday gained seven paise to end at 67.76 against the American currency, a day after succumbing to pressure created by the US Federal Reserve’s rate hike. The domestic currency managed to tide over the weak sentiment created by the trade deficit ballooning to a two-year high in November. Overall forex market sentiment improved somewhat a day after the Fed’s monetary tightening, triggering panic dollar demand.