Rupee gains 6 paise against US dollar in early trade

Posted By: Pti
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Indian Rupee-dollar sing
Interbank Rupee rate Vs US Dollar
65.035 United States Dollar
Interbank Rupee rate Vs Euro
76.452 Euro
Interbank Rupee rate Vs British Pound
85.718 British Pound Sterling
Interbank Rupee rate Vs Japanese Yen
0.578 Japanese Yen
Interbank Rupee rate Vs Singapore Dollar
47.909 Singapore Dollar
Mumbai, Dec 2: The Indian rupee gained 6 paise to Rs 51.40 per US dollar in early trade on the Interbank Foreign Exchange today (Dec 2) on steady selling of the American currency by exporters. However, a lower opening in the equity market restricted the rupee's gains.

Dealers said increased selling of dollars by exporters and range-bound movement of the euro and Asian currencies against the dollar overseas helped the Indian rupee strengthen. The rupee had gained 74 paise to close at a nearly two-week high of Rs 51.46/47 per US dollar in yesterday's trade, buoyed by a rally in local stocks and expectations of more capital inflows.

Meanwhile, the BSE Sensex fell by 44.75 points, or 0.27 per cent, to 16,438.70 in opening trade today. 

PTI

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