Monday, April 28, 2014

Rupee up 8 paise to 60.57 against dollar in early trade

 Rupee up 8 paise to 60.57 against dollar in early trade

The rupee recovered by 8 paise to 60.57 against the dollar in early trade on Tuesday at the Interbank Foreign Exchange market on selling of dollars by exporters and banks.
A higher opening in the domestic equity market and a weak dollar against euro overseas also supported the gain in the rupee, forex dealers said.
The rupee had closed 5 paise lower at 60.65 against the dollar in Monday's trade on sudden demand for the US currency from importers, mainly oil refiners.
Meanwhile, the benchmark BSE Sensex recovered by 45.03 points, or 0.20 per cent, to 22,676.64 in early trade on Tuesday.


anand maurya
pgdm-2sem


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