| Date: |
22-06-2011 |
| Subject: |
Rupee Gains Two Paise Against US Dollar in Early Trade |
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Mumbai, June 22 (PTI) The Indian rupee strengthened by 2 paise to Rs 44.82 per dollar in opening trade on the Interbank Foreign Exchange today, supported by dollar weakness against other Asian currencies and a higher opening in the stock market.
The rupee had appreciated by 15 paise to close at Rs 44.84/85 against the US currency in yesterday's trade on heavy selling of dollars and a recovery in the stock market.
Forex dealers said dollar weakness against other Asian currencies overseas and a higher opening in the stock market mainly supported the rupee's rise today against the American dollar.
Meanwhile, the Bombay Stock Exchange Sensex was up by 118.56 points at 17,678.86 in opening trade today.
Source : ptinews.com
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