In listless trade Monday, the rupee gained five paise to end the day at 62.07 against the US dollar amidst a rise in stock markets on signs of continued capital inflows.
A weakness in the American currency in overseas markets and mild selling of dollar by exporters helped the rupee sentiment, a forex dealer said.
At the Interbank Foreign Exchange (Forex) market, the domestic unit commenced a tad better at 62.11 a dollar from last weekend’s close of 62.12.
The local currency traded narrow before concluding at 62.07, a net rise of five paise from last Friday’s level.
Meanwhile, the benchmark BSE Sensex rose by 111 points on signs of continued capital inflows. FIIs injected USD 98.82 million last Friday, as per Sebi data.
