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  Business   Market  23 Mar 2017  Rupee rebounds 5 paise to 65.39 in early trade

Rupee rebounds 5 paise to 65.39 in early trade

PTI
Published : Mar 23, 2017, 10:20 am IST
Updated : Mar 23, 2017, 10:20 am IST

Domestic unit had lost 14 paise to close at 65.44 per dollar on fresh dollar demand from importers.

Strong dollar influenced rupee trade.
 Strong dollar influenced rupee trade.

Mumbai: The rupee strengthened by 5 paise to 65.39 per dollar in early trade today on some selling of the US currency by exporters and banks. Stock markets opening with gains also boosted the domestic currency, dealers said.

The rupee had lost 14 paise to close at 65.44 per dollar on fresh dollar demand from importers. In global trade, the US dollar had strengthened against major world currencies with the dollar index inching up by 0.08 per cent against a basket of currencies yesterday.

Meanwhile, the benchmark BSE Sensex recovered 147.50 points, or 0.50 per cent, to 29,315.18 points in early trade today.

Tags: rupee, us dollar, rupee dollar exchange, forex
Location: India, Maharashtra, Mumbai (Bombay)