te Rupee edges higher by 6 paise against dollar in early trade | Zee Business

Rupee edges higher by 6 paise against dollar in early trade

Rupee edges higher by 6 paise against dollar in early trade
Besides, the dollar's weakness against some currencies overseas and early gains in the domestic equity market supported the rupee, dealers said. Image Source: ZeeBiz WebDesk

The rupee edged higher by 6 paise to 67.81 against the US dollar at the forex market in early trade on Tuesday on fresh selling of the American currency by exporters.

Besides, the dollar's weakness against some currencies overseas and early gains in the domestic equity market supported the rupee, dealers said.

ALSO READ: Rupee to breach 70-mark by December this year: Report

TRENDING NOW

On Monday, the rupee had lost 11 paise to end at 67.87 on fresh dollar demand from importers and banks. Heavy capital outflows besides near-term consequences of the US Federal Reserve rate hike largely kept market sentiments shaky despite a dollar retreat.

Meanwhile, the benchmark BSE Sensex was trading higher by 53.28 points, or 0.20%, at 26,427.98 in early trade on Tuesday. 

 

 

Written By: PTI
Updated: Tue, Dec 20, 2016
09:54 am
Mumbai , PTI
RELATED NEWS
Rupee depreciates by 6 paise against dollar in early trade Rupee depreciates by 6 paise against dollar in early trade
Rupee edges higher by 2 paise against dollar in early trade Rupee edges higher by 2 paise against dollar in early trade
Rupee to breach 70-mark by December this year: Report Rupee to breach 70-mark by December this year: Report

By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.

x