Rupee gains 7 paise against dollar in early trade

The dollar's weakness against some currencies overseas supported the rupee.

By: PTI | Mumbai | Published:December 22, 2016 10:11 am
rupee, rupee, rupee paise, rupee recovery, rupee price fall, paise fall, rupee latest, business news, market news, latest news, indian express The rupee had gained 12 paise to close at 67.91 against the US dollar in Wednesday’s trade on selling of the American currency by banks and exporters. (File Photo)

Rupee firmed up by 7 paise to 67.84 against the US dollar in early trade today at the Interbank Foreign Exchange on increased selling of the American currency by exporters and banks.

Besides, the dollar’s weakness against some currencies overseas supported the rupee but a lower opening of the domestic equity market, capped the gain, forex dealers said.

The rupee had gained 12 paise to close at 67.91 against the US dollar in yesterday’s trade on selling of the American currency by banks and exporters.

Meanwhile, the benchmark BSE Sensex climbed 70.93 points, or 0.27 per cent, to 26,170.45 in morning trade.

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