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E-mail ID will not be published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

  • Sebi’s new listing norms should protect small investors

    There has been a long-standing debate on what should be the liability of individual promoters and directors in case a company does not meet its obliga

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

Roopen Roy

Building smart cities the Indian way

Today more than half of the world’s population lives in ...

Rajgopal Nidamboor

The biology behind cultivated wisdom

We are our habits and our behaviour. We are our ...

Gautam Gupta

Why must innerwear be our best kept secret?

While women’s outerwear rules the marketing roost in India, unfortunately, ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture