Rupee Gains 14 Paise Against Dollar in Early Trade
A man counting money at his workplace.
Mumbai: The rupee firmed up 14 paise to 66.81 against the dollar in early trade on Friday, rising for a fourth straight day on increased 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 some other currencies overseas ahead of a crucial US jobs report supported the rupee.
Further, a higher opening in the domestic equity market gave the uptrend some momentum, they added.
The rupee gained a paisa against the US currency to end at 66.95 in Thursday's trade despite weak macro-economic data.
Meanwhile, the benchmark BSE Sensex rose 102.39 points, or 0.36 per cent, to 28,525.87 in early trade today.
Recommended For You
- Suresh Raina Meets Prime Minister Narendra Modi in The Netherlands
- Maruti Suzuki Sells 1.07 Lakh Units of Alto in First 5 Months of 2017
- Rajinikanth to Discuss Political Plans With Amitabh Bachchan?
- Kareena, Katrina To Malaika: B-Town Celebrities Attend Manish Malhotra's Bash
- Team India Coach Job: Engineer Has Solution for Kohli's Arrogance