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Jul 30, 2012, 12.05 PM IST

Rupee up 14 paise against dollar in early trade

The rupee today rose 14 paise to 55.20 against the US dollar in early trade the Interbank Foreign Exchange on selling by exporters and banks amid euro's strength against the American currency.

Source: PTI
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Rupee up 14 paise against dollar in early trade
The rupee today rose 14 paise to 55.20 against the US dollar in early trade the Interbank Foreign Exchange on selling by exporters and banks amid euro's strength against the American currency.


Besides, a higher opening in the equity market also supported the rupee, forex dealers said. The rupee had gained 18 paise close at one-week high of 55.34 on Friday following smart rebound in stocks, amid sustained weakness in dollar value overseas.


Meanwhile, the BSE benchmark index Sensex rose by 144.99 points, or 0.86%, to 16,984.18.


Tags: rupee, Interbank Foreign Exchange, dollar, currency
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