Rupee up 3 paise against dollar

Tags: News
The rupee strengthened by three paise to 59.90 against the dollar in early trade today at the Interbank Foreign Exchange market on increased selling of the American currency by exporters and banks.

Besides, a higher opening in the domestic equity market also supported the rupee but the dollar's gains against other currencies overseas capped the rise, forex dealers said.

The rupee bounced back by 26 paise to end at 59.93 against the American currency on Friday as exporters and some banks sold dollars.

Meanwhile, the benchmark BSE Sensex recovered by 71.41 points, or 0.28 per cent, to 25,095.76 in opening trade today.

EDITORIAL OF THE DAY

  • Global processes create existential crises for nations

    Over 500 years ago, English king Henry VII eschewed bonds with the Roman empire, dismissed papal authority and took England out of Europe.

FC NEWSLETTER

Stay informed on our latest news!

TODAY'S COLUMNS

Urs Schoettli

Brexit from an East Asian point of view

The decision of the Br­itish voters to leave the European ...

Zehra Naqvi

The hawk & the human

Humankind is obsessed with the desire to fly. That’s why ...

Bubbles Sabharwal

A piece of peace

Travel is intoxicating and invigorating, magical and mystical! You never ...