Rupee gains 13 paise against dollar in early trade
Posted By: Staff
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Mumbai, Oct 18 (PTI)The rupee rose by 13 paise to 61.10 in early trade at the Interbank Foreign Exchange market today on increased selling of the US currency by exporters and banks. A higher opening in the domestic equity market also influenced the rupee sentiment.
The local currency had its biggest gain in two weeks, rising 60 paise to 61.23 against the dollar yesterday, after US lawmakers reached a deal to end the government shutdown and temporarily avoid a debt default.
Meanwhile, the BSE benchmark Sensex rose by 117.65 points, or 0.58 per cent, to 20,533.16 in early trade today.