Advertisement

HindustanTimes Mon,21 Apr 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.

Advertisement

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.

Advertisement
more from Business

TCS, Mitsubishi to form software services company

India's largest IT services exporter Tata Consultancy Services has signed a pact with Japan's Mitsubishi Corp to create a Japanese software services provider, the companies said in a statement.
markets
Advertisement
Most Popular
Advertisement
Copyright © 2014 HT Media Limited. All Rights Reserved