Rupee up by 34 paise against dollar in early trade

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Rupee-dollar notes
Interbank Rupee rate Vs US Dollar
67.575United States Dollar
Interbank Rupee rate Vs Euro
71.694Euro
Interbank Rupee rate Vs British Pound
85.082British Pound Sterling
Interbank Rupee rate Vs Japanese Yen
0.591Japanese Yen
Interbank Rupee rate Vs Singapore Dollar
47.446Singapore Dollar
Mumbai, Mar 9: The rupee gained 34 paise to Rs 49.94 against the American currency on the Interbank Foreign Exchange market in early trade on Friday on increased foreign fund inflows amid firm equity markets.

Dealers said besides increased foreign funds inflows, euro's gains against the US currency in the overseas market supported the rupee.

The rupee had close at 50.28/29 against the dollar in the previous session on Wednesday amid reports of Reserve Bank's intervention in the forex market. The forex and money market were close yesterday on account of 'Holi' festival. Meanwhile, the BSE benchmark Sensex rose by 310.70 points, or 1.81 per cent, to 17,456.22 in early trade.

PTI

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