Rupee gains 23 paise against dollar in early trade

Weakness in the dollar against some other currencies overseas gave the rupee some muscle, forex dealers said.

Published: June 28, 2016 9:51:31 am
Indian rupee, Indian Rupee drops against dollar, rupee down, rupee downslide, indian currency rate, indian currency, rupee rate, business news, currency market, business market, stock exchange, latest news Rupee ran up 23 paise to 67.72 against the dollar at the Interbank Foreign Exchange today.

The rupee ran up 23 paise to 67.72 against the dollar at the Interbank Foreign Exchange today as exporters and banks stepped up dollar sale amid higher opening in the domestic equity market.

Besides, weakness in the dollar against some other currencies overseas gave the rupee some muscle, forex dealers said.

Yesterday, the rupee had closed steady at 67.95 per dollar on alternate bouts of selling and buying of the greenback amid persistent concerns over the UK leaving the European Union.

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Meanwhile, the benchmark BSE Sensex rose 82.32 points, or 0.31 per cent, at 26,485.28 in early trade today.

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