Rupee up 11 Paise against Dollar in Early Trade - The New Indian Express

Rupee up 11 Paise against Dollar in Early Trade

Published: 19th March 2014 10:39 AM

Last Updated: 19th March 2014 10:39 AM

The rupee strengthened by 11 paise to 61.08 against the US dollar at the Interbank Foreign Exchange in early trade today.

Fresh selling of the dollar by exporters amid sustained foreign capital inflows supported the rupee, dealers said.

Early gains in domestic equity markets and dollar's weakness against major currencies overseas also helped rupee post gains, they added.

The rupee had closed flat at 61.19 against the dollar yesterday on alternate bouts of buying and selling.

Meanwhile, the BSE benchmark index Sensex rose by 60.81 points, or 0.27 per cent, to 21,893.42 in early trade.

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