Rupee gains 20 paise against dollar in early trade
The rupee rose by 20 paise to trade at 54.79 against the US currency in early trade today on dollar selling by exporters and some banks.business Updated: Jan 01, 2013 10:18 IST
The rose by 20 paise to trade at 54.79 against the US currency in early trade on Tuesday on dollar selling by exporters and some banks.
Dealers said a higher opening in the equity market and strengthening of euro against the dollar supported the rupee.
The rupee had lost 22 paise to close at one-week low of 54.99 against the dollar in Monday's trade due to month-end demand for the American currency.
Meanwhile, the BSE benchmark index Sensex rose by 132.22 points, or 0.68%, to 19,558.93 in early trade on Tuesday.