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Rupee appreciates by 5 paise against US dollar in early trade

The Indian rupee strengthened on the Interbank Foreign Exchange, largely in tandem with dollar weakness against other Asian currencies overseas.

twitter-logoPTI | June 10, 2011 | Updated 10:12 IST

The Indian rupee strengthened by 5 paise to Rs 44.67 per US dollar in early trade on the Interbank Foreign Exchange on Friday, largely in tandem with dollar weakness against other Asian currencies overseas.

The rupee had softened by two paise to close at 44.72/73 against the US currency in Thursday's trade amid a weak domestic equity market and stray dollar demand from importers.

Forex dealers said dollar weakness against other currencies overseas mainly supported the Indian rupee.

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