Tuesday, May 14, 2013

Rupee up 5 paise vs dollar in early trade

Mumbai,May 15, 2013:--

Selling of the US currency by exporters helped the rupee rise by 5 paise to 54.76 against the dollar in early trade at the Interbank Foreign Exchange on Wednesday.

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

The rupee had lost eight paise to close at an over 1-month low of 54.81 against the dollar on Tuesday.

Meanwhile, the BSE benchmark Sensex rose by 158.19 points, or 0.80 per cent, to 19,880.48.

News From: http://www.7StarNews.com

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