News APP

NewsApp (Free)

Read news as it happens
Download NewsApp

Available on  gplay

This article was first published 8 years ago
Home  » Business » Rupee moves up 9 paise against dollar in early trade

Rupee moves up 9 paise against dollar in early trade

Source: PTI
December 21, 2015 09:50 IST
Get Rediff News in your Inbox:

Rising for the fifth straight session, the rupee gained 9 paise at 66.31 against the dollar in early trade on Monday at the Inter-bank Foreign Exchange on increased selling of the US currency by exporters.

Forex dealers said sustained selling of the American unit by exporters and the dollar's weakness against some currencies overseas supported the rupee, but a lower opening in domestic equity market restricted the gains.

The rupee had appreciated by a modest two paise to settle at 66.40 against the greenback on Friday.

It had gained 69 paise in the past four trading sessions. Meanwhile, the benchmark BSE Sensex fell 105.68 points, or 0.41 per cent, to trade at 25,413.54 in early trade.

Get Rediff News in your Inbox:
Source: PTI© Copyright 2024 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.
 

Moneywiz Live!