Rupee up 16 paise against dollar in early trade
The rupee rose by 16 paise to 62.28 against the dollar in early trade on Monday at the Interbank Foreign Exchange after the economy grew by a higher-than-expected 4.8 per cent in the September quarter. Forex dealers said increased selling of the U.S. currency by exporters, a higher opening in the domestic equity market and strengthening of euro and yen against the dollar overseas also supported the rupee. The rupee had lost three paise to close at 62.44 against the dollar on Friday amid demand for the U.S. currency from oil refiners. Meanwhile, the BSE benchmark index Sensex rose 70.67 points, or 0.34 per cent, to 20,862.60 in early trade on Monday
jawed eqbal
pgdm 1st yr
No comments:
Post a Comment