MUMBAI: The rupee ticked up 9 paise to 63.91 against thedollar in early trade on Thursday at the Interbank Foreign Exchange after the American currency weakened overseas on disappointing retail sales report.
www.sevagiri.com
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 yesterday'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.
Source Times Of India
www.sevagiri.com
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 yesterday'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.
Source Times Of India
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