Business Standard

Rupee up by two paise against dollar in early trade

Dollar's weakness against other currencies overseas supported the rupee

<a href="http://www.shutterstock.com/pic-107101340/stock-photo--indian-rupees-high-resolution-seamless-texture-indian-money-seamless-texture.html" target="_blank">Image</a> via Shutterstock

Press Trust of India Mumbai
The rupee recovered marginally by two paise to 66.02 against the US dollar in early trade today amid gains in stock markets.

Dealers said a higher opening in the domestic equity market and dollar's weakness against other currencies overseas supported the rupee.

The rupee had recovered 10 paise to close at 66.04 against the US dollar at the Interbank Foreign Exchange yesterday.

Meanwhile, the benchmark Sensex surged 350.94 points, or 1.33%, to 26,582.13 in early trade.

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Aug 28 2015 | 9:42 AM IST

Explore News