Indian Rupee up 9 paise against dollar in early trade

By: | Published: December 31, 2014 10:25 AM

The rupee today strengthened by 9 paise to 63.29 against the US dollar in opening trade...

Indian rupee, indian rupees depreciates, dollars, dollars demand, Interbank Foreign ExchangeThe domestic unit had closed 29 paise higher at 63.38 yesterday following fresh dollar selling by exporters. (AP)

The rupee today strengthened by 9 paise to 63.29 against the US dollar in opening trade at the Interbank Foreign Exchange market on selling of the American currency by exporters.

Dealers said gains in major global currencies against the US dollar overseas and firm equity markets also supported the rupee.

The domestic unit had closed 29 paise higher at 63.38 yesterday following fresh dollar selling by exporters and foreign fund inflows in domestic debt.

Meanwhile, the benchmark BSE Sensex rose by 31.16 points, or 0.11 per cent, to 27,434.70 in early trade.

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