Rupee up by 34 paise against dollar in early trade

Written by: Pti
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Rupee-dollar notes
Interbank Rupee rate Vs US Dollar
65.231United States Dollar
Interbank Rupee rate Vs Euro
70.759Euro
Interbank Rupee rate Vs British Pound
81.727British Pound Sterling
Interbank Rupee rate Vs Japanese Yen
0.591Japanese Yen
Interbank Rupee rate Vs Singapore Dollar
46.777Singapore 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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