four paise to 60.52 against the US dollar in
early trade today at the Interbank Foreign
Exchange market on increased selling of the
American currency by exporters.
The local currency had lost 9 paise to close at
60.56 per dollar yesterday following late profit
booking in local equities and fresh dollar
demand from oil importers. Forex dealers said
besides selling of the US currency by
exporters, dollar’s weakness against other Asian
currencies overseas also supported the rupee
but a lower opening of the domestic equity
market capped the gains.
Meanwhile, the benchmark BSE Sensex fell by
105.19 points, or 0.39 per cent, to 26,331.83
in early trade today. http://us.india.com/business/rupee-up-4-paise-against-dollar-in-early-trade-2-129192/
