Indian rupee up 13 paise to 67.04 against dollar in early trade

By: |
May 27, 2016 9:59 AM

Forex dealers said a weakening dollar against other currencies overseas and a higher opening in the domestic equity market kept the rupee going.

Indian rupee vs US dollarForex dealers said a weakening dollar against other currencies overseas and a higher opening in the domestic equity market kept the rupee going. (Photo: Reuters)

Staying with its rising streak for the third day, the rupee appreciated 13 paise to 67.04 against the dollar in early trade on Friday on increased selling of the US currency by exporters and banks amid higher foreign inflows.

Forex dealers said a weakening dollar against other currencies overseas and a higher opening in the domestic equity market kept the rupee going.

On Thursday, the rupee had gained 16 paise to 67.17 on sustained selling of the American currency amid a continued rally in domestic equities.

Meanwhile, the benchmark BSE Sensex rose 148.37 points, or 0.56 per cent, to 26,515.05 in early session on Friday.

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