Rupee Gains 11 Paise Against Dollar in Early Trade
File photo of a man counting money. (Reuters)
Mumbai: The rupee firmed up by 11 paise to 66.50 against the dollar in early trade today, maintaining its upward trend for the fourth straight day on sustained selling of the US currency by exporters and banks amid a higher opening in the domestic equity market.
Forex dealers said weakness in the dollar against other currencies overseas supported the rupee. A higher opening in the domestic equity market gave the uptrend some momentum, they added.
Yesterday, the domestic unit ended higher by 4 paise against the dollar at 66.61.
Meanwhile, the benchmark BSE Sensex rose 138.46 points, or 0.48 per cent, to 28,432.74 in early session today.
Recommended For You
- POWER PACKEDLenovo K6 Power Review: A Complete Budget Android Phone Under Rs 10,000
- SPIN TO WINIndia vs England: Wankhede Track Will Be Slow Turner, Says MCA Source
- Can't wait!Koffee With Karan: The 100th Episode Featuring Salman Khan is Going to be 'Khantastic'
- DisgustingBertolucci's Rape Scene Confession on the Sets of 'Last Tango in Paris' Leaves Hollywood Shocked
- Dead Rises AgainThe Mummy Trailer: Tom Cruise Starrer Reboot Rides High on Action