Mumbai, Oct 19 (PTI) The rupee gained another 11 paise to trade at 63.00 against the dollar in early morning session at the Interbank Foreign Exchange market on increased selling of the US currency by exporters.
Forex dealers said besides selling of the American currency by exporters, a higher opening in the domestic stock market buoyed the rupee sentiment but dollar’s strength against other currencies overseas limited gains.
The rupee had gained 50 paise, the steepest single day gain in last seven months, to close at 63.11 against the dollar yesterday, in line with strong recovery in stocks.
Meanwhile, the benchmark BSE Sensex today rose by 314.29 points, or 1.16 per cent, to trade at 27,440.86 in early trade.
Film on IAS officer Durga in works
Harsh winter takes heavy toll on heart: Dr Sushil
Salman isn’t affected by his stardom: Sonakshi
Pankaj Kapur joins son Shahid in ‘Jersey’
Ranveer Singh shares his first look from ‘Jayeshbhai Jordaar’
© 2017 State Times Daily Newspaper