Rupee gains 19 paise against US dollar in early trade

Posted By: Staff
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Rupee gains 19 paise against US dollar in early trade
Mumbai, Dec 21 (PTI) The Indian rupee strengthened by 19 paise to Rs 52.68 per US dollar in early trade on the Interbank Foreign Exchange today after the Reserve Bank of India said it will take more steps to check weakness of the rupee.

Forex dealers said apart from the RBI's assurance that it has more tools to arrest the rupee's fall, a higher opening in the stock market and euro gains against the dollar also gave a boost to the rupee sentiment.

The rupee had closed marginally lower by 1 paisa at Rs 52.87/88 per US dollar yesterday.

Meanwhile, the 30-share BSE Sensex rose by 320.10 points, or 2.10 per cent, to 15,495.18 in opening trade today.


Read more about: currency, dollar, euro, rbi, sensex
Story first published: Wednesday, December 21, 2011, 10:15 [IST]
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