Indian rupee up by 10 paise Vs US dollar in early trade

The rupee today rose by 10 paise to 54.68 against the dollar in early trade.

Written by PTI | Mumbai | Published: May 16, 2013 10:19:05 am

The rupee today rose by 10 paise to 54.68 against the dollar in early trade at the Interbank Foreign Exchange today on increased selling of the US currency by exporters and banks.

Besides,strengthening of yen and other Asian currencies against the dollar in overseas market also supported the rupee,forex dealers said.

The rupee had gained three paise to close at 54.78 in previous session on rally in equities amid signs of massive capital inflows.

Meanwhile,the BSE benchmark Sensex fell by 50.84 points,or 0.25 per cent,to 20,162.12 in early trade today.

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