Don’t miss the latest developments in business and finance.

Rupee gains 2 paise against dollar at 64.55

Image
Press Trust of India Mumbai
Last Updated : Dec 08 2017 | 9:35 AM IST
The rupee edged up 2 paise to 64.55 against the US dollar in early trade at the interbank forex market today on increased selling of the American currency by exporters and banks.
Besides, a higher opening in domestic stocks supported the rupee, forex dealers said.
However, the dollar's recovery against some currencies overseas restricted the local unit's upmove.
Yesterday, the rupee had lost further ground to end at a near two-week low of 64.57 against the US currency, falling by 5 paise on sustained demand for the dollar from importers despite a strong rebound in equities.
Meanwhile, benchmark BSE Sensex rose 190.36 points, or 0.57 per cent, to 33,139.57 in early trade today.

Disclaimer: No Business Standard Journalist was involved in creation of this content

More From This Section

First Published: Dec 08 2017 | 9:35 AM IST

Next Story