Rupee up 6 paise vs dollar in early trade

The rupee today rose by six paise to 53.65 against the dollar in early trade at the Interbank Foreign Exchange market on continued selling of the US currency by exporters and banks.

January 21, 2013 / 11:02 IST

The rupee today rose by six paise to 53.65 against the dollar in early trade at the Interbank Foreign Exchange market on continued selling of the US currency by exporters and banks.

Forex dealers said a higher opening in the domestic equity market and strengthening of euro against the dollar overseas, also supported the rupee.

Rupee gains for third session

The rupee had gained a whopping 68 paise to close at a two-and-half-month high of 53.71 against the dollar on Friday on sustained selling of the American currency by exporters after partial deregulation of diesel prices.

Meanwhile, the BSE benchmark index Sensex rose by 66.79 points, or 0.33 per cent,to 20,105.83 in early trade today.

first published: Jan 21, 2013 10:58 am

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

Al Edge Newsletter On Saturdays

Find the best of Al News in one place, specially curated for you every weekend.
MC Tech 3 Newsletter Daily-Weekdays

Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347