te Rupee recovers 3 paise against dollar in early trade | Zee Business

Rupee recovers 3 paise against dollar in early trade

Rupee recovers 3 paise against dollar in early trade
Forex dealers said further weakness in dollar against other currencies overseas also supported the rupee but a lower opening in the domestic equity market, capped the gains. Representational Image. Image Source: ZeeBiz WebDesk

The rupee recovered by three paise to 66.72 against the US dollar in early trade on Friday on mild selling of the US currency by exporters.

Forex dealers said further weakness in dollar against other currencies overseas also supported the rupee but a lower opening in the domestic equity market, capped the gains.

The rupee had lost four paise to close at 66.75 in Thursday's trade due to fresh demand for the US currency from corporates and banks amid capital outflows from stock markets.

TRENDING NOW

Meanwhile, the benchmark BSE Sensex fell by 42.53 points or 0.15% to 27,387.75 in early trade on Friday.

 

Written By: PTI
Updated: Fri, Nov 04, 2016
10:18 am
Mumbai , PTI
RELATED NEWS
Rupee makes a weak start, slips 9 paise against dollar Rupee makes a weak start, slips 9 paise against dollar
Rupee falls further by 13 paise against dollar in early trade Rupee falls further by 13 paise against dollar in early trade

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