Advertisement

HindustanTimes Sun,26 Oct 2014

Rupee up 14 paise vs dollar in early trade

PTI  Mumbai, May 06, 2013
First Published: 09:48 IST(6/5/2013) | Last Updated: 09:50 IST(6/5/2013)

The rupee on Monday rose by 14 paise to 53.80 against the dollar in early trade at the Interbank Foreign Exchange on fresh selling of the US currency by exporters, amid sustained foreign capital inflows.

Advertisement

Strengthening of euro against the dollar overseas and a higher opening in the domestic equity market also supported the local currency, forex dealers said.

The rupee had lost 13 paise to close at 53.94 against the dollar in last session on Friday.

Meanwhile, the BSE benchmark index Sensex rose by 39.42 points, or 0.20%, to 19,615.06 in early trade on Monday.


Advertisement
more from Business

Telcos may raise tariffs to pay for spectrum costs

Industry body COAI has said mobile tariffs may go up soon as telecom operators are expected to pass on to customers the burden of spectrum cost they will incur in the upcoming auction.
markets
Advertisement
Most Popular
Advertisement
Advertisement
Copyright © 2014 HT Media Limited. All Rights Reserved