May 06, 2013 09:44 am | Updated June 08, 2016 03:34 am IST - Mumbai
The rupee on Monday rose by 14 paise to 53.80 against the dollar in early trade at the Interbank Foreign Exchange on fresh selling of the US currency by exporters, amid sustained foreign capital inflows.
Strengthening of euro against the dollar overseas and a higher opening in the domestic equity market also supported the local currency, forex dealers said.
The rupee had lost 13 paise to close at 53.94 against the dollar in last session on Friday.
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.
