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HindustanTimes Thu,17 Apr 2014

Rupee up 6 paise vs dollar in early trade

PTI  Mumbai, April 29, 2013
First Published: 10:39 IST(29/4/2013) | Last Updated: 10:46 IST(29/4/2013)

The rupee on Monday gained six paise to 54.31 against the dollar in early trade at the Interbank Foreign Exchange market on increased selling of the US currency by exporters.

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

The rupee had lost 15 paise to close at 54.37 on Friday on month-end dollar demand from importers and heavy capital outflows, amid weak local stocks.

Meanwhile, the BSE benchmark Sensex rose by 50.48 points, or 0.26%, to 19,337.20 in early trade on Monday.

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