Rupee up 14 paise Vs dollar in early trade

Tags: News
The rupee today gained 14 paise to 55.09 against the dollar in early trade at the Interbank Foreign Exchange on selling of the US currency by exporters and banks.

Besides, euro and yen's strengthening against the dollar overseas also supported the rupee, dealers said.

The rupee had lost 16 paise yesterday to close at nearly six-week low of 55.23 against the dollar amid sustained demand of the US currency from oil companies.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

EDITORIAL OF THE DAY

  • RBI and government intervention is vital if all Indians are to have homes by 2022

    There is a strong case for interest subvention for India’s real estate sector.

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

Varun Dutt

Public perception on climate change

Climate change is already happening; however, surveys conducted in 2008 ...

Parvez Imam

The absoluteness in representations

When a representation replaces the original object or subject, a ...

Dharmendra Khandal

Religion and conservation must go hand in hand

In 1986, former president of WWF International, HRH Prince Philip, ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture