Rupee gains 6 paise against dollar in early trade

The rupee on Tuesday appreciated by six paise to 46.75 a dollar in early trade largely in line with other firm Asian currencies.

At the Interbank Foreign Exchange (Forex) market, the rupee appreciated by six paise to 46.75 a dollar. The rupee ended lower 8 paise at 46.81/82 in the previous session.

Forex dealers said dollar’s losses against other Asian currencies mainly supported the Indian rupee.

Dollar fell amid lower demand from oil refiners as the crude oil prices declined below 72 dollar a barrel in Asia.

Meanwhile, the benchmark Sensex fell 71.54 points, or 0.44 per cent to 15,864.07 points in early trade on Monday.