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HindustanTimes Thu,27 Nov 2014

Rupee up 9 paise against dollar in early trade

PTI  Mumbai, February 25, 2013
First Published: 09:58 IST(25/2/2013) | Last Updated: 10:09 IST(25/2/2013)

The rupee on Monday appreciated by nine paise to Rs. 54.08 against the US dollar on the Interbank Foreign Exchange (Forex) market in early trade on increased foreign fund flows amid firm local equities.

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Forex dealers said euro's gains against the American currency in the overseas market also supported the rupee.

The local unit had closed higher at 54.17 against the dollar on Friday.

Meanwhile, the 30-share BSE Sensex rose by 65.88 points, or 0.34%, to 19,382.89 in early trade on Friday.


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The rupee closed marginally stronger on Wednesday after being held in a tight range as dollar inflows into the domestic share markets were offset by demand for the greenback from importers looking to meet month-end commitments.

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