Rupee rises 7 paise to 62.12 against dollar in early trade
Rupee rises 7 paise to 62.12 against dollar in early trade

Mumbai: The rupee strengthened by seven paise to 62.12 against the US dollar in early trade on Monday at the Interbank Foreign Exchange market on selling of the American currency by exporters.

Forex dealers said gains made by other currencies against the US dollar overseas and a higher opening in the domestic equity markets also supported the rupee.

The rupee had ended 12 paise higher at 62.19 against the dollar in the previous session on Friday on the back of selling of the US currency by banks and exporters.

Meanwhile, the benchmark BSE Sensex rose by 131.93 points, or 0.45 percent, to 29,226.86 in early opening trade.--PTI




Check out More news from Telecom Sector :: Pharmaceutical Sector :: Auto Sector :: Infrastructure :: Real Estate