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Rupee up 6 paise Vs US dollar in early trade

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Rupee today rose by six paise to 53.65 against the dollar in early trade.  (Reuters) Rupee today rose by six paise to 53.65 against the dollar in early trade. (Reuters)
SummaryRupee today rose by six paise to 53.65 against the dollar in early trade.

The rupee today rose by six paise to 53.65 against the dollar in early trade at the Interbank Foreign Exchange market on continued selling of the US currency by exporters and banks.

Forex dealers said a higher opening in the domestic equity market and strengthening of euro against the dollar overseas, also supported the rupee.

The rupee had gained a whopping 68 paise to close at a two-and-half-month high of 53.71 against the dollar on Friday on sustained selling of the American currency by exporters after partial deregulation of diesel prices.

Meanwhile, the BSE benchmark index Sensex rose by 66.79 points, or 0.33 per cent,to 20,105.83 in early trade today.

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