The rupee gained 8 paise to trade at Rs. 49.28 per dollar on the Interbank Foreign Exchange market in early trade on Wednesday amid firm stock markets.
Dealers said continued foreign capital inflows in the Indian market and selling of dollar by exporters, mainly kept rupee’s sentiment firm.
The rupee had lost 17 paise to close at Rs. 49.36/37 against the dollar on Tuesday due to fresh demand for the American currency from importers.
Meanwhile, the BSE benchmark Sensex regained 18,000 points level by gaining 208.76 points, or 1.17 per cent, to 18,057.33 in early trade.
Keywords: Rupee-dollar trade