Advertisement

HindustanTimes Tue,16 Sep 2014

Rupee up 4 paise against dollar in early trade

PTI  Mumbai, January 09, 2013
First Published: 10:37 IST(9/1/2013) | Last Updated: 10:39 IST(9/1/2013)

The rupee on Wednesday gained four paise to 54.94 against the dollar in early trade at the Interbank Foreign Exchange on increased selling of the US currency by exporters and banks amid sustained foreign capital inflows.

Advertisement

A higher opening in the domestic equity market and the strengthening of euro and yen against the dollar overseas also aided the rupee, dealers said.

The rupee had gained 25 paise to close at 54.98 against the dollar on Tuesday.

Meanwhile, the BSE benchmark index Sensex rose by 61.51 points, or 0.31%, to 19,804.03 in early trade on Wednesday.


Advertisement
more from Business

Govt to decide on diesel deregulation after state polls

The local prices of the fuel are currently higher than the global rates, making a case for a cut in retail prices.This is for the first time this has happened,  due to a sustained monthly rise in local prices since January 2013.
markets
Advertisement
Most Popular
Advertisement
Advertisement
Copyright © 2014 HT Media Limited. All Rights Reserved