Rupee strengthens 31 paise to 66.51 against Dollar


Mumbai: On Tuesday the Indian rupee gained by 31 paise to 66.51 against the U.S. dollar in early trade on selling of the American currency by exporters and banks amid continued foreign fund inflows. Forex dealers has also further conveyed that, a superior commencing in domestic equity market and a weak dollar alongside other currencies abroad following previous week’s below-par U.S. expansion data also supported the rupee.

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On Monday Forex market remained closed on account of “Ganesh Chaturthi”. On Friday, the rupee sustained its stellar performance next to the US currency for the fourth straight day concluding superior by 13 paise at 66.82 on heavy dollar selling. On Tuesday for now, the benchmark BSE Sensex spurted by 248.75 points or 0.87 per cent at 28,780.86 in early sessions.

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