Rupee gains 5 paise against dollar in early trade on Tuesday
The rupee rose by 5 paise at 66.39 against the US dollar in early trade today on fresh selling of the American currency by exporters.
Besides, weakness in the dollar against other currencies supported the rupee , forex dealers said. However, a lower opening in the domestic equity market, capped the gains, they added.
The rupee had tumbled by 68 paise at nearly 8-week low of 66.44 against the US dollar on Monday at the Interbank Foreign Exchange market on persistent demand for the American currency from some banks and importers amidst sharp fall in equities.
Meanwhile, the benchmark BSE Sensex dipped below the 26,000-mark by falling 134.27 points, or 0.51 per cent, at 25,987.13 in early trade on Tuesday.
Read full article: Business Today
The domestic equity market on Monday felt the aftershocks of a humiliating defeat for the BJP-led led NDA in the Read more
The rupee slipped below the 66-level by tumbling 74 paise, or 1.11 per cent, to 66.50 against the US dollar Read more
MUMBAI: Stunned by the margin of the BJP-led NDA's crushing defeat in the Bihar assembly elections, the Sensex opened over Read more
Shares of InterGlobe Aviation, which runs the low-cost airline IndiGo, made a strong debut on the exchanges today. Its shares Read more
