Sign in

Rupee recovers 5 paise to Rs 63.46 against dollar

The rupee rose by 5 paise to Rs 63.46 against the US dollar in early trade on Friday at the Interbank Foreign Exchange market on fresh selling of the dollar by exporters amid increased foreign capital inflows.

Updated on: Jul 17, 2015, 10:17:34 IST
PTI | By , Mumbai
Share
Share via
  • facebook
  • twitter
  • linkedin
  • whatsapp
Copy link
  • copy link

The rupee rose by 5 paise to Rs 63.46 against the US dollar in early trade on Friday at the Interbank Foreign Exchange market on fresh selling of the dollar by exporters amid increased foreign capital inflows.

HT Image
HT Image

Forex dealers said a higher opening in the domestic equity market also supported the rupee. Dollar's gains against some currencies overseas, however, capped the rise.

The rupee had lost 10 paise against the dollar on Thursday on persistent demand for the American currency from banks and importers in line with higher greenback overseas.

The benchmark BSE Sensex climbed 130.20 points, or 0.45%, to 28,576.32 in early trade on Friday.

Stay updated with the latest Business News, stock market updates, petrol and diesel prices, gold and silver rates, income tax updates and major developments from India and across the world.