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Rupee gained 13 paise against US dollar ahead of RBI policy

The rupee advanced 13 paise to 66.48 against the US dollar on Monday at the Interbank Foreign Exchange on increased selling of the American currency by exporters and banks.

twitter-logo PTI   Mumbai     Last Updated: October 3, 2016  | 11:47 IST
Rupee gained 13 paise against US dollar ahead of RBI policy
Photo: Reuters

The rupee advanced 13 paise to 66.48 against the US dollar on Monday at the Interbank Foreign Exchange on increased selling of the American currency by exporters and banks.

Besides, a higher opening in the domestic equity market also supported the domestic unit, forex dealers said.

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However, the dollar's strength against some currencies overseas capped the rupee's gains.

On Friday, the rupee had staged a resounding comeback to close higher by a whopping 24 paise at 66.61 on fresh dollar unwinding from banks and exporters.

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