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Rupee gains 4 paise against dollar to 67.29

The Rupee Firmed Up By 4 Paise To 67.29 Against The Dollar In Early Trade Today On Increased Selling Of The US Currency By Exporters And Banks Amid A Higher Opening In The Domestic Equity Market. Forex Dealers Said Weakness In The Dollar Against Other Currencies Overseas Supported The Rupee.

PTI | Updated on: 26 May 2016, 11:30:26 AM
Rupee vs Dollar

Mumbai:

The rupee firmed up by 4 paise to 67.29 against the dollar in early trade today on increased selling of the US currency by exporters and banks amid a higher opening in the domestic equity market. Forex dealers said weakness in the dollar against other currencies overseas supported the rupee.

Further, a higher opening in the domestic equity market gave the uptrend some momentum, they added. On Wednesday, the domestic unit rebounded from its 2-1/2 month low with an impressive 42-paise gain to close at 67.33 - its sharpest single-day jump in over two months.

Meanwhile, the benchmark BSE Sensex rose 187.44 points, or 0.72 per cent, to 26,068.61, in early session today. 

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First Published : 26 May 2016, 11:29:00 AM

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