Facebook
Twitter
Google+
LinkedIn
Pinterest
+
The rupee appreciated 7 paise to 66.82 against the US dollar in early trade on Thursday at the Interbank Foreign Exchange on increased selling of the American currency by exporters and banks amid higher opening in the domestic equity market.
The rupee appreciated 7 paise to 66.82 against the US dollar in early trade on Thursday at the Interbank Foreign Exchange on increased selling of the American currency by exporters and banks amid higher opening in the domestic equity market.

The rupee appreciated 7 paise to 66.82 against the US dollar in early trade on Thursday at the Interbank Foreign Exchange on increased selling of the American currency by exporters and banks amid higher opening in the domestic equity market.

Forex dealers said that besides selling of the American currency by exporters and banks, weakness in the dollar against some currencies overseas supported the rupee.

ALSO READ: Rupee Trims Initial Gains, Still Up By 4 Paise Vs USD

Further, a higher opening in the domestic equity market influenced the rupee uptrend, they added.

On Wednesday, the rupee closed 3 paise higher at 66.89 on easing fears of an imminent US Fed rate hike amid softer overseas sentiment.

ALSO READ: Raghuram Rajan’s Exit Affects Rupee, Sensex Too Opens 178 Points Down On Rexit

Meanwhile, the benchmark BSE Sensex rose by 60.51 points or 0.21 per cent at 28,432.74 in early trade on Thursday.