HindustanTimes Fri,19 Sep 2014

Rupee up 14 paise against dollar in early trade

PTI  Mumbai, September 27, 2012
First Published: 10:21 IST(27/9/2012) | Last Updated: 10:25 IST(27/9/2012)

The rupee on Thursday rose 14 paise to 53.37 against the US dollar in early trade at the Interbank Foreign Exchange on selling of the American currency by exporters and banks.


Besides, a higher opening in the equity market also supported the rupee, forex dealers said.

They, however, said euro's weakness against the US currency overseas on fresh concerns over the eurozone debt crisis, capped the rupee's gains.

The BSE benchmark Sensex recovered by 77.13 points, or 0.4%, to 18,709.30 in early trade on Thursday.

The rupee had lost 15 paise to close 53.51 on Wednesday on fresh demand for the US dollar from importers.

more from Business

Oracle's Ellison steps aside, co-CEOs Catz and Hurd take over

Larry Ellison, co-founder and leader of Oracle Corp for 37 years, stepped aside as chief executive officer on Thursday, to be replaced by co-CEOs Safra Catz and Mark Hurd, raising questions about a job-sharing arrangement that has had a fraught record elsewhere.
Most Popular
Copyright © 2014 HT Media Limited. All Rights Reserved