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BW Businessworld

Rupee Gains 15 Paise Against Dollar

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The rupee strengthened by 15 paise to 62.05 against the US dollar in early trade on Wednesday at the Interbank Foreign Exchange on increased foreign capital inflows.
 
Forex dealers said besides the dollar's weakness against other currencies overseas, a higher opening in domestic stock market, supported the rupee.
 
The rupee had ended 11 paise higher at 62.20 against the US currency in Tuesday's trade on increased selling of the American unit.
 
Meanwhile, the benchmark BSE Sensex rose 228.67 points, or 0.79 per cent, at 29,233.33 in early trade.
 
(PTI)


Tags assigned to this article:
news 8 dollar rupee currencies interbank foreign exchange