Rupee up 5 paise against dollar in early trade | business | Hindustan Times
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Rupee up 5 paise against dollar in early trade

The rupee appreciated by 5 paise to 55.91 against the US dollar in early trade day on the Interbank Foreign Exchange on dollar selling by exporters, amid a higher opening in the stock market.

business Updated: Jun 20, 2012 10:33 IST

The rupee appreciated by 5 paise to 55.91 against the US dollar in early trade day on the Interbank Foreign Exchange on dollar selling by exporters, amid a higher opening in the stock market.

Besides, dollar weakness against a basket of other Asian currencies overseas also supported the rupee, forex dealers said.

On Tuesday, the rupee had closed three paise down at 55.96 against the dollar amid foreign fund outflows and demand of the US currency from importers.

Meanwhile, the BSE benchmark index Sensex rose by 72.21 points, or 0.43%, to 16,932.01.