The Indian currency has elevated with 11 paise against US dollar this Monday by virtue of the US currency being sold by the banks along with exporters.

“Trading in the expected intraday range of 67.25-67.50 against the dollar" as per the sources news brokerage house noted as claimed by the Nirmal Bang Commodities.

With the release of Union Budget, Indian currency hauled up by 1 percent last week as well, in which the fiscal deficit target 3.2% for 2017-18 was announced by Indian Finance Minister, Arun Jaitley regardless of demonetization affect on Economy' growth.

Foreby, in the benefit of Indian Economy, Foreign institutional investors have funded rs 1,245.80 crores in equity markets till the last week including the gross purchase of rs 16,931.99 crore and gross sales of Rs 15,686.18 crore.

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