The rupee recovered modestly against the dollar on the money market on Saturday in the process of trading, dealers said. The rupee gained 20 paisas in relation to the dollar for buying and selling at Rs 142.30 and Rs 142.80 respectively, they said. The rupee also picked up 20 paisas versus the euro for buying and selling at Rs 160.00 and Rs 161.80, they said.
Non-farm payrolls rose by 196,000 jobs last month. Data for February was revised modestly up to show payrolls rising by 33,000 jobs instead of the previously reported 20,000. February job gains were the smallest since September 2017.
Wage gains also slowed in March and more people dropped out of the labour force. Average hourly earnings increased by four cents, or 0.1 percent in March after jumping 0.4 percent in February.
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Open Bid Rs.142.30
Open Offer Rs.142.80
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