Friday, Mar 29th 2024
Trending News

Rupee goes up 9 paise against dollar in early trade

By FnF Correspondent | PUBLISHED: 14, May 2015, 12:30 pm IST | UPDATED: 14, May 2015, 12:30 pm IST

Rupee goes up 9 paise against dollar in early trade

New Delhi: The rupee ticked up 9 paise to 63.91 against the dollar in early trade on Thursday at the Interbank Foreign Exchange after the American currency weakened overseas on disappointing retail sales report.

Besides, increased selling of the US dollar by exporters supported the rupee, but a lower opening in the domestic equity market capped the gains, forex dealers said.

The rupee had ended higher by 17 paise at 64 against the greenback in Thursday’s trade due to fag-end selling of dollars by banks and exporters on the back of strong recovery in the equity market.

Meanwhile, the benchmark BSE Sensex fell 302.48 points, or 1.10 per cent, to 26,981.49 in early trade.

Editor's Blog

Farmers, Shahrukh and Putin, a blockbuster week

by : Priti Prakash

The farmers have marched back to Delhi with their demands, for which they sat on roads leading to th...

Quick Vote

How is the economic policy of the Modi government?