Rupee gains 13 paise against US dollar in early trade

02 July 2018, 10:25 AM
Rupee gains 13 paise against US dollar in early trade
Rupee gains 13 paise against US dollar in early trade

 The rupee strengthened by 13 paise to 68.33 against the dollar in early trade on Monday  on increased selling of the US currency by exporters and banks amid higher opening in the domestic equity market.

Forex dealers said a higher opening of the domestic equity market supported the rupee but the dollar's strength against some currencies overseas capped the gains.

On Friday, the rupee had gained 33 paise to 68.46 against the US dollar, in line with a big relief rally in domestic equities.

Meanwhile, the benchmark BSE Sensex rose by 121.74 points, or 0.34 per cent, to 35,545.22, in opening trade on Monday.

First Published: Monday, July 02, 2018 10:03 AM
For all the latest Business News Download the News Nation App available on Android and iOS.