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Rupee gains 6 paise in early trade

Rupee gains 6 paise in early trade

Dealers said strong capital inflows by foreign funds along with the US currency's losses against others kept the rupee's sentiment firm and took it to a two-week high.

PTI
  • Mumbai,
  • Updated Nov 4, 2010 10:33 AM IST
Rupee gains 6 paise in early trade
The rupee on Thursday strengthened 6 paise to trade at a two-week high of Rs 44.29 against the US currency in early trade, tracking dollar's weakness against other major currencies.

Strong capital inflows into equities by foreign funds also supported the rupee. Dealers said dollar's losses against other major currencies kept the Indian currency's sentiment firm.

The rupee had gained 2 paise to Rs 44.35/36 against the US currency in the previous session.

Meanwhile, the Bombay Stock Exchange index Sensex rose 187.90 points, or 0.91 per cent, to 20,653.64 in the opening trade.

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Published on: Nov 4, 2010 10:33 AM IST
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