Rupee gains 19 paise/$ in early trade

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Press Trust of India Mumbai
Last Updated : Jan 20 2013 | 8:45 PM IST

The Indian rupee appreciated by 19 paise to Rs 44.01 per dollar at the Interbank Foreign Exchange today, supported by steady capital inflows and a higher opening in the stock market.

Firmness in other Asian currencies against the American unit also supported the Indian rupee.

The rupee had depreciated by 3 paise to close at Rs 44.20/21 against the US currency in yesterday's trade on weakness in equities amid dollar demand from importers.

Forex dealers said apart from dollar weakness against other currencies, steady capital inflows and a higher opening in the stock market, also kept the rupee's sentiment firm.

Meanwhile, the Bombay Stock Exchange Sensex was up by 82.97 points, or 0.42%, at 19,674.15 in opening trade today.

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First Published: Apr 08 2011 | 10:35 AM IST

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