Advertisement

HindustanTimes Fri,19 Sep 2014

Rupee up 15 paise against dollar in early trade

PTI  Mumbai, January 11, 2013
First Published: 11:04 IST(11/1/2013) | Last Updated: 11:07 IST(11/1/2013)

Extending gains for the fourth straight session, the rupee on Friday rose by 15 paise to 54.42 against the dollar at the Interbank Foreign Exchange market on continued selling of the US currency by exporters and banks.

Advertisement

Forex dealers said a higher opening in the domestic equity market and strengthening of euro, which gained 1.5% against the dollar overseas after European Central Bank chief Mario Draghi made upbeat remarks about the euro-zone's economic outlook, supported the rupee.

The rupee had gained 18 paise to close at one-week high of 54.57 against the US currency on Thursday.

Meanwhile, the BSE benchmark index Sensex rose 176.25 points, to 19,839.80 or 0.89% in early trade on Friday.


Advertisement
more from Business

Infosys partners Huawei; extends pact with Microsoft, Hitachi

India's second largest software services firm Infosys on Thursday said it has partnered China's Huawei Technologies to offer enterprise cloud, big data and communication solutions. The announcement comes amidst visit of Chinese President Xi Jinping.

markets
Advertisement
Most Popular
Advertisement
Advertisement
Copyright © 2014 HT Media Limited. All Rights Reserved