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Indian rupee up 22 paise vs dollar in early trade.


Date: 05-08-2013
Subject: Indian rupee up 22 paise vs dollar in early trade
The rupee today appreciated by 22 paise to 60.88 against the dollar in early trade at the Interbank Foreign Exchange, mainly due to dollar selling by exporters.

A higher opening in the domestic equity market and a weak dollar against other overseas currencies also supported the gain in rupee, forex dealers said. The rupee had dipped by a massive 67 paise to an all-time closing low of 61.10 against the dollar on Friday.

Meanwhile, the BSE benchmark index Sensex recovered by 41.67 points, or 0.22 per cent, to 19,205.69 in early trade today.

Source : indianexpress.com

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