Rupee gains 5 paise against US Dollar in early trade

1708

Mumbai: The Indian rupee on Wednesday opened higher 5 paise to Rs 64.05 against US Dollar in early trade on sustained selling of the American currency by banks and exporters.

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Forex dealers also conveyed that besides carried on selling of the greenback, weakness in dollar next to currencies abroad and a superior commencing of the domestic equity market rendered assist to the rupee.

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Rupee on Tuesday concluded 4 paise higher at near two—week elevated of Rs 64.10 next to the US currency.

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For now the benchmark BSE Sensex grew by 149.01 points, or 0.47 per cent, to 31,440.86 in near the beginning trade.

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