Rupee Climbs Another 6 Paise Against Dollar in Early Trade
File Photo of a man carrying bundles of Indian currency. (Representative image)
Mumbai: Extending its gains for the fifth straight day, the rupee inched up by another 6 paise to trade at a fresh two-week high of 66.44 against the dollar in early trade today on sustained selling of the American currency by exporters.
Besides, a strong opening in the domestic equity market also boosted the rupee's value against the American currency, but the dollar's strength against some currencies overseas capped the gains, forex dealers said.
The rupee had gained 11 paise to close at a fresh two-week high of 66.50 per dollar yesterday on persistent selling of the greenback by banks and exporters despite a higher dollar overseas.
Meanwhile, the benchmark BSE Sensex was quoting higher by 68.17 points, or 0.24 per cent, to 28,291.87 in early trade.
Recommended For You
- Baba Ramdev's Dangal Dazzles Fans at PWL
- Bigg Boss 10: Om Swami to be a Part of Show's Finale
- Xiaomi Redmi Note 4 vs Lenovo P2 vs Honor 6X vs Vivo V5 Plus: All You Need to Know
- Alia Bhatt Looks Adorable Dressed As Kareena Kapoor Khan From Jab We Met
- 5 Upcoming Smartphones With 8GB RAM: Samsung Galaxy S8, OnePlus 5, HTC 11 And More