Rupee was up by 24 paise to trade at 60.65 against the US dollar in early trade on Monday
Mumbai: The rupee was up by 24 paise to trade at 60.65 against the US dollar in early trade on Monday, on selling of the American currency by banks and exporters and sustained foreign capital inflows.
‘Besides this, a higher opening in the domestic equity market and strengthening of the euro against the dollar overseas also supported the local currency,’ said the forex dealers.
The rupee had surged 45 paise, its biggest daily gain in two weeks, to close at 60.89 against the dollar on Friday on massive capital inflows. Meanwhile, the benchmark BSE Sensex rose by 124.18 points, or 0.57 per cent, to 21,879.50 in early trade today.
( Source : PTI )
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