Advertisement

HindustanTimes Wed,01 Oct 2014

Rupee up 13 paise vs dollar in early trade on sustained selling

PTI  Mumbai, April 09, 2013
First Published: 09:48 IST(9/4/2013) | Last Updated: 09:52 IST(9/4/2013)

Rising for the third straight day, the rupee on Tuesday appreciated further by 13 paise to 54.43 against the dollar in early trade at the Interbank Foreign Exchange (forex) market on sustained selling of the US currency by exporters.

Advertisement

Besides, a strong opening in the domestic equity market and strength in the euro against the dollar overseas also supported the rupee, forex dealers said.

The rupee had gained 25 paise to end at 54.56 against the dollar on Monday.

Meanwhile, the BSE benchmark index Sensex rose by 73.45 points, or 0.40%, to 18,511.24 in early trade on Tuesday.


Advertisement
more from Business

Rajan holds interest rates, EMIs unlikely to dip soon

The Reserve Bank of India (RBI) kept rates on hold on Tuesday despite pressure from industry and government hopes that the central bank would lower borrowing costs to aid an incipient economic recovery.
markets
Advertisement
Most Popular
Advertisement
Advertisement
Copyright © 2014 HT Media Limited. All Rights Reserved