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  Business   Market  27 Feb 2017  Rupee up 17 paise against US dollar in early trade

Rupee up 17 paise against US dollar in early trade

PTI
Published : Feb 27, 2017, 9:51 am IST
Updated : Feb 27, 2017, 9:52 am IST

A lower opening of the domestic equity market capped the gain.

Rupee is trading at 66.65 against the US dollar in early trade.
 Rupee is trading at 66.65 against the US dollar in early trade.

Mumbai: Continuing its uptrend, the rupee firmed up by another 17 paise to 66.65 against the US dollar in early trade today at the Interbank Foreign Exchange on increased selling of the American currency by exporters and banks.

Besides, the dollar's weakness against some currencies overseas supported the rupee but a lower opening of the domestic equity market capped the gain, forex dealers said.

 

On Thursday, the rupee had gained 14 paise to close at 66.82 a dollar on fresh selling of the American currency by banks and exporters on the back of weakness of greenback in the overseas market. Forex market was closed on Friday on account of Shivratri.

Meanwhile, the benchmark BSE Sensex down 80.09 points, or 0.27 per cent, to 28,812.88 in morning trade.

Tags: rupee, dollar, rupee exchange rate, rupee against dollar
Location: India, Maharashtra, Mumbai (Bombay)